“It would have been wrong for the Government to move forward with plans without assurances that consumers could get value for money” – Which? response to Government cancelling plans to create a market for secondary annuities

“The decision to cancel these plans will be disappointing for those who wanted to take advantage of the new pension freedoms. However Which? raised concerns that some people may not get a good deal, so it would have been wrong to move forward without assurances that consumers could get value for money and have the necessary protections.”