Review of the year: October 2017

Review of the Year 2017 - October

5) Hard on the heels of being in the top five stories in September, so the Ogden rate issue continued into October with brokers venting their opinions on the government’s proposed changes.

News analysis: Ogden upheaval continues as government unveils fresh proposals

Brokers lamented the instability caused by the shock change to the Ogden rate and said, despite plans to legislate over how the figure is calculated, volatility could continue until the rate is reset from its current minus 0.75%.

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