At least third of annuitants to stick with plan - poll

While 33% indicated they would not sell their contract, 50% said they did not know what their plans were, the Tilney Bestinvest research found. The remainder - 17% - said they would consider selling. The government has published a call for evidence on plans to create a ‘secondary market' for annuities, after Chancellor George Osborne confirmed at Budget 2015 that existing annuitants would be able to cash in their plans. The rationale for the move is to give annuity holders access to the same freedoms afforded to people aged over 55 from 6 April this year, which included giving savers ...