Time for a rethink

Dear Editor, For how much longer can the Government keep its head in the sand and retain the rules compelling pension investors to purchase an annuity no later than age 75? In light of the continuing improvements in pensioners' mortality it is quite extraordinary that they continue to passionately defend their stance in the face of all the compelling demographics that suggest that the time for reform is long overdue. I first encountered this issue some 15 years ago when - while working for another employer - we tried to launch a flexible annuity that would have allowed investment flexib...