Age 75 - more flexibility for all?

Since the coalition government came to power the retirement market has barely had time to pause for breath. Commissions have been formed to look at public sector pension reform and auto-enrolment and we've had an emergency Budget that ushered in long wished for reform of the requirement to purchase an annuity by age 75. On July 15 the Treasury opened an eight week consultation on scrapping the so called Age 75 rule. Financial Secretary to the Treasury Mark Hoban said the move would "encourage people to take greater responsibility for their financial future (....