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Government cancels plans to create a market for secondary annuities.
20th October 2016
Following reports that the Government has cancelled its plans to create a market for secondary annuities, please see a comment below from Jonathan;
Jonathan Watts-Lay, Director, WEALTH at work, a leading provider of financial education in the workplace, supported by guidance and advice comments; “We are pleased that the Government has decided to drop this. We were concerned that at best, individuals would get a poor deal in terms of what providers would give them, certainly a lot less than they originally paid for them, and at worst, it could have become a scammers charter.”
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