sell annuity payment

Wed, 01 Apr 2015 14:50:17 GMT

shropshirestar.com

Advice sought for annuity holders
shropshirestar.com
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 ...

and more »
Wed, 01 Apr 2015 09:30:01 GMT

Annuity resales could lead to bad value – Parkin
FT Adviser
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.”.

and more »
Mon, 30 Mar 2015 16:01:04 GMT

Armchair Critic: Five reasons I might sell my annuity
Professional Adviser
... 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 ...