Offshore exposure in living annuities – have the rules changed?
We encourage financial advisers who make large offshore allocations for high-income living annuity pensioners to keep careful records of the rationale for the investment strategy.
The Authority should have conducted its own investigation and not relied solely on information provided by the insurer, the Tribunal says.
Read moreWe encourage financial advisers who make large offshore allocations for high-income living annuity pensioners to keep careful records of the rationale for the investment strategy.