Tag Archives: income

PENSION THREAT: Warning for pensioners over government plans to sell off retirement income

Amid fears consumers will lose out, Hargreaves Lansdown has said it won’t facilitate the sale of annuities by pensioners to investors. Prior to April last year, retirees were obliged to use their pension savings to buy the insurance products that pay a set income for the rest of their life. The requirement was scrapped after pensioners all too often ended ...

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