These new annuity schemes

[webberg]

Walk away

[Invisiblehand]

Some people are just greedy and nothing you can say will stop them letting their greed override their common sense.

heck the previous schemes were based on loans yet people couldn't see a problem with that... These just screw up your pensions...

Very true. Too many people don't understand that if something sounds too go to be true then it probably is.

[WalterWhite]

Awareness

I think we need to do all we can to spread the word. I am not sure of the best way to do this though for people that won't visit this forum (or even sub-section)

Mods - would you consider making it a sticky somewhere? Or running an official article on your home page?

[eek]

Very true.

Alas I think some people will always have an appetite for these kind of things.

Some people are just greedy and nothing you can say will stop them letting their greed override their common sense.

heck the previous schemes were based on loans yet people couldn't see a problem with that... These just screw up your pensions...

[Invisiblehand]

Very true.

Alas I think some people will always have an appetite for these kind of things.

[northernladuk]

Not early enough to avoid some suckers falling for it though...

http://forums.contractoruk.com/hmrc-...e-annuity.html

[Invisiblehand]

I hadn't even heard about this type.

[WalterWhite]

2019 loan charge applies

https://www.gov.uk/guidance/disguise...s-spotlight-35

Good to see HMRC acting early this time