The governments U-turn on secondary annuity market.

WEALTH at work

Jonathan Watts-Lay, Director, WEALTH at work, a leading provider of financial education in the workplace supported by guidance and advice, comments in Moneywise on the governments U-turn on allowing individuals to sell their annuities for a cash lump sum.

Watts-Lay comments; “I don’t think individuals realise how little they would have got back from their annuities. They would have been shocked at what they received.”

He adds; “It would have been open season for scammers.”

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