This article appeared in aFinancial Adviser’ in April 2002, discussing Dr. Altmann’s proposals for reform of annuities – to try to ensure that those with moderate or smaller capital sums still are able to obtain good value from their annuity.
This is the response which Dr. Altmann submitted to the Inland Revenue’s aModernising Annuities’ consultation in March 2002.
Illustration of differential in annuity rates in the market place.
Note describing problems and possible solutions to problems of annuity market.
Discussion of proposals to ensure everyone who buys an annuity can get the right annuity at the right rate.