Creating a secondary annuity market—things to contemplate

Table of contents

• Original news
• What are the key points from the Treasury’s response to the call for evidence document?
• Does the Treasury’s response to the call for evidence and the detail published on the working of the secondary annuity market raise any new issues?
• What are the challenges that face both the sellers and the buyers of these second hand annuities and their next steps?
• What does the creation of a secondary annuity market mean for providers and for advisers and their customers?
• What happens next?

Article summary

Pensions analysis: The government is to continue the liberalisation of the pensions sector with proposals to create a new secondary annuity market. Chris Brown, a consultant at LEBC Group, considers the key points of the proposals and the challenges that face both the sellers and the buyers of these second hand annuities.