Annuitants looking to sell their annuity income to a third party for a cash sum could be sorely disappointed with the amount investors are willing to pay for a second-hand annuity, according to retirement specialist Portal Financial.
People who own annuities will be able to resell them on a secondary market from April 2017, the government recently announced.
Source Moneywise http://ift.tt/1NBdwAh
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