Ashley Shepherd is the founder and managing director at Over50choices. With over 30 years’ experience in financial services, he has held senior roles in building societies, banks and insurance companies.
The biggest problem with this scheme for a buyer of someonersquo;s annuity is that payments will cease on that personrsquo;s death, not buyers
Just when you thought things couldnrsquo;t get any worse for annuities, the latest reports talk of further blows to the much maligned insurance plan.
In March 2014, the government made sweeping changes to the UK annuity market, giving the consumer greater control over their pension pot.
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