Curry's bill good news for annuities

The annuity campaign was given a further boost last week with the selection of David Curry MP's private member's bill calling for greater investment flexibility on pensions savings. Curry's bill will include the key proposals of the Retirement Income Reform Campaign report published in March 2000. The central plank of the bill is a proposal that pensioners buy an index-linked mini annuity to meet a minimum retirement income. Once a minimum retirement income has been guaranteed, ensuring that pensioners do not need to rely on means tested benefits, the bill proposes that retired people sh...