51930
2017-19
1459
Commutation Of Annuities
Paul Masterton
2018-06-26
That this House welcomes the launch of the Daily Mail's Unlock our Pensions campaign; notes that the Government proposed in March 2015 to extend pensions freedoms to existing annuity holders, by introducing a secondary market for commutation to be introduced in 2017; acknowledges that in October 2016 the Government announced it would no longer be proceeding with this policy; regrets the Government's statement that there are currently no plans to change policy to level the playing field; recognises that retirees may need to access funds from their annuity in times of need; and calls on the Government to legislate to allow 5 million retirees to safely partially sell their annuity.
Financial services
Pensions
Paul Masterton
2018-06-26
Proposed
East Renfrewshire
Conservative
Peter Bottomley
2018-06-26
Seconded
Worthing West
Conservative
David Crausby
2018-06-27
Seconded
Bolton North East
Labour
Jim Shannon
2018-06-28
Seconded
Strangford
DUP
Stephen Lloyd
2018-07-02
Seconded
Eastbourne
Liberal Democrat
Ruth George
2018-07-12
Seconded
High Peak
Labour