Commons MPs voted to reject a Lords amendment on the 75 age rule affecting annuities - among other changes - which means the Pensions Bill will go back to the upper chamber for a final push to reach a deal in time for the Queen's Speech.
The Daily Telegraph notes the particular amendment on the age rule was rejected by the government on a technicality, with pensions minister Malcolm Wicks stating it referred to financial matters the Lords are not allowed to amend as it relates to tax regimes put in place by the Commons. With the Bill passed back to the Lords today, it is likely another amendment will be proposed by the Opposition to raise the age by which an annuity must be bought to 85 from the current 75. The Times like most papers leads its political coverage with news of the vote on the Hunting Bill, which left th...
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