Submitted by tom on
There appears to be some debate taking place in the U.K. at the moment regarding compulsory annuitization.
A BBC article which can be viewed here discusses the issue.
Somewhat ironic from a timing standpoint as the American Academy of Actuaries just released its response to the DOL / Treasury request for information. AAA came out in strong support of annuities as an economically efficient way to address longevity risk.
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