Post new topic Reply to topic  [ 1 post ] 
  Print view

5m retirees can cash in annuities from April 2017
Author Message
PostPosted: Thu Dec 17, 2015 8:53 am 
Site Admin
Offline

Joined: Tue Feb 03, 2009 9:46 pm
Posts: 543
Five million pensioners will be able to cash in their annuities for a lump sum payment from April 2017, the Treasury has confirmed.

The change, announced following the completion of a consultation launched earlier this year, will put existing pensioners on the same footing has new retirees who have been able to take a cash lump sum since April.

Economic Secretary Harriett Baldwin said there would be a comprehensive consumer protection package to ensure people make informed decisions about their retirement savings. Read more


Top
 Profile  
 

Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 1 post ] 

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron