HM Treasury
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Creating a secondary market for annuities: secondary legislation

Technical consultation seeking views on draft secondary legislation for the secondary market in annuities.

This document sets out and seeks views on draft secondary legislation to create three new specified activities in the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 that will apply to any person wishing to operate in the new secondary market for annuities.

The government’s proposals will require anyone wanting to operate in this market to be authorised and supervised by the Financial Conduct Authority (FCA) and will make it easier for the FCA to apply specific, tailored rules to participating UK firms.

This consultation closes at 2 June 2016 11:45pm

Documents

Consultation: creating a secondary market for annuities – secondary legislation  HTML

Annex B: draft regulated activities order  PDF, 344KB, 9 pages

Ways to respond

Email to:  catherine.zeng@hmtreasury.gsi.gov.uk

Write to:

Secondary annuities market consultation,
Insurance and financial regulators,
Financial services group,
HM Treasury, 
1 Horse Guards Road,
London
SW1A 2HQ

Channel website: https://www.gov.uk/government/organisations/hm-treasury

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