sell annuity payment
Wed, 01 Apr 2015 14:50:17 GMT
Advice sought for annuity holders
The annuity provider would continue to make payouts, but the payments would be reassigned to the purchaser of the annuity. The IFS think-tank said on the face of it, the announcement provided "a welcome liberalisation of the market". But it warned there could be significant problems in setting up a market for second-hand annuities and "a more serious" issue could arise from people's potential inability to make a well-informed decision about whether or not they should sell their annuity. It said: "Evidence suggests ...
Wed, 01 Apr 2015 09:30:01 GMT
Annuity resales could lead to bad value – Parkin
Matt Raine, one of the directors of Leicestershire-based TM Asset Management, said: “More people will be looking to sell annuities than there will be buyers, but I am optimistic that the plans for a secondary annuity market will go ahead. There is a need for it.”.
Mon, 30 Mar 2015 16:01:04 GMT
Armchair Critic: Five reasons I might sell my annuity
... my extended expected longevity. However, if I'm not in good health, yet took an aggregate-rates annuity when I now seek a buyer for my guaranteed income stream, I won't be too pleased to be offered perhaps half of what I paid. But why would anyone pay ...