The freedom to sell your annuity (read: The freedom to get screwed)

We measure out our lives by different things. J Alfred Prufrock measured his out by coffee spoons. For many of us our lives are marked out by Christmases, Hogmanays, birthdays and anniversaries. But in financial services, our lives are marked out by two things: politicians dicking around with pensions, and mis-selling scandals. This being an election year, it seems inevitable that we'll see a considerable amount of the former, at least some of which will lead to the latter. Such an instance of said dicking may be found in the pronouncements of the usually-sensible Steve Webb, who h...