Advisers could shun 'high-risk' secondary annuities market
Questions remain on advice sector's role in market
The Financial Conduct Authority's (FCA) secondary annuities market consultation closes today, but early feedback warns the market is 'high-risk' and that a lack of advice could prevent it becoming a reality.
The secondary annuities market, which is due to be introduced in April 2017, would allow people who have already purchased an annuity to exchange it for a cash lump sum. But the regulator has already conceded...
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