Annuities: If it is broke, fix it

Jack Jones says the annuity market should have been reformed, not ditched

clock

The ‘freedom and choice' introduced in the last Budget was a smart move with the electorate.

"We trust you with your own money" is a good sound bite and difficult to oppose without saying "we don't". Arguing against the reforms also risks arguing in favour of an annuity market that ofte...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: How positive are you about pensions over the coming 12 months?

Buzz: How positive are you about pensions over the coming 12 months?

Pensions policy, value sharing BPA transactions and value of private markets

Professional Pensions
clock 26 November 2024 • 1 min read
AJ Bell CEO cautions chancellor over proposed pension IHT changes

AJ Bell CEO cautions chancellor over proposed pension IHT changes

Michael Summersgill says proposals risk 'fundamentally undermining' UK pensions system

Linus Uhlig
clock 25 November 2024 • 3 min read
PMI launches special interest group for trustees

PMI launches special interest group for trustees

Group will provide trustees a forum to ‘interact and provide mutual support’

Jasmine Urquhart
clock 25 November 2024 • 1 min read
Trustpilot