TITLE

Protected rights could lose out

PUB. DATE
January 2007
SOURCE
Money Marketing;1/11/2007, p35
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the impact of lifting restrictions on the protected rights of pensions and annuities in Great Britain. He mentioned that life insurance industries will benefit from the measure by saving up to £75 billion to £100 billion. Moreover, increasing the limits of protected rights on life insurance schemes can enable a member to acquire a single life annuity and potentially leave a survivor with no private pension.
ACCESSION #
24332464

 

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