Hargreaves Lansdown will not take part in the secondary annuity market, set for launch next year, due to risk concerns.
The firm, which says it is the UK's largest annuity broker, also said demand for "suitable transactions" was likely to be low. The secondary annuity market is set to go live in April next year and will...
Only one in ten opt for an annuity
‘Dramatic’ drop due to pandemic’s economic impact
Coming soon to a provider near you
'Act or be compelled to act'
Drawdown retirees forced to reduce income during the early stages of the pandemic are now considering the best way to turn the taps back on, writes Steve Hunter
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams