Centre for Policy on Ageing



Removing the requirement to annuitise by age 75 — consultation response
Author(s)	Jane Vass
Corporate Author	Age UK
Publisher	Age UK, London, 10 September 2010
Pages	12 pp (Consultation response, Ref: 2510)
Source	Age UK, Astral House, 1268 London Road, London SW16 4ER. www.ageuk.org.uk
Keywords	Income [older people] ; Annuity schemes ; Age Concern ; Help the Aged ; Comments or Evidence submitted.
Annotation	This Age UK response includes an explanation of how tax legislation currently operates in relation to pension savings accumulated through a defined contribution pension scheme. The June 2010 Budget includes an intention to remove the age 75 annuity rule. Age UK has concerns about how the proposal will affect those with more modest wealth, for example the risk of being mis-sold complex and expensive alternative products. (RH).
Accession Number	CPA-101109009 P
Classmark	JF: JFM: PT: PYH: 6PM *
Data © Centre for Policy on Ageing

...from the Ageinfo database published by Centre for Policy on Ageing.