A back door has opened for revision of the age 75 requirement on buying an annuity Over the past few...
A back door has opened for revision of the age 75 requirement on buying an annuity Over the past few months the Inland Revenue has been examining suggestions from the industry on how to replace or change the current requirement to buy an annuity at 75 as it is an issue of finance and not typically under the remit of the DSS. However, this has been pre-empted by the Conservatives in a recent House of Lords debate The Welfare Reform and Pensions bill, currently being debated in the House of Lords, includes the introduction of stakeholder pensions, which has a mention that scheme members mu...
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