Legal News

Creating a secondary annuity market—things to contemplate

Published on: 08 January 2016

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.

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