Partnership extends annuity guarantee and cooling off periods in response to Budget

Partnership's customers who are currently mulling over accepting an annuity offer will now have until 25th April for funds to arrive within the guarantee period. Those that have already accepted an offer after 3 March will now have until 11 April to change their mind if they wish. This extends the usual 30 day period by a week. The Chancellor announced a number of changes at this year's Budget speech, which will open up the retirement market to give everyone more choice and effectively make people responsible for their own money. People who previously had little choice other than t...