Second hand annuity market will not deliver value

So Budget day was another busy day for the PP team with further cuts to the lifetime allowance and plans for a secondary annuity market unveiled.

Helen Morrissey
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So Budget day was another busy day for the PP team, with further cuts to the lifetime allowance and plans for a secondary annuity market unveiled.

According to the plans, from April 2016 more than five million annuitants will have the opportunity to sell their annuity. The aim of this is to deliver the freedoms announced in last year's Budget...

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