Centre for Policy on Ageing



Retirement Income Reform Bill — a Bill to amend the law relating to the provision of retirement income ...
Author(s)	Adrian Flook, John Butterfill, David Curry
Publisher	TSO, London, 7th January 2004
Pages	4 pp (HC Bill 23 session 2003/04)
Source	TSO, PO Box 29, Norwich NR3 1GN.
Keywords	Pensions ; Private pensions ; Personal pensions ; Annuity schemes ; Statutes.
Annotation	This Bill is to amend the law relating to the provision of retirement income in respect of private and personal pensions, annuities and defined and additional voluntary contribution pension schemes. If enacted, this Private Members Bill amends the Income and Corporation Taxes Act 1988 sections 630 (interpretation), 633 (scope of benefits), and section 634 (annuity to member); repeals sections 634A and 636A; and adds a further section, 637B (Retirement Income Fund). The Bill also states that the amount of the Minimum Retirement Income shall be set for each financial year following consultation by the Chancellor of the Exchequer by order before 31st January in the preceding financial year. A similar Bill was introduced in session 2002/03. The Bill was dropped after its first reading on 7 January 2004. (KJ/RH).
Accession Number	CPA-040610002 P
Classmark	JJ: JK: JKG: JFM: 6P *
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...from the Ageinfo database published by Centre for Policy on Ageing.