Millions of retired workers would be given the power sell their - TopicsExpress

Millions of retired workers would be given the power sell their #pensions, under major plans to relax annuity rules being drawn up by ministers. Up to five million pensioners would stand to benefit from the proposals, if they would rather have money in their bank accounts than a guaranteed income every year. Reforms announced in last year’s Budget will mean working people who retire in future will be able to cash-in their pension savings for a lump sum which they will be free to spend as they wish. Read the full article here: goo.gl/YXEM6R

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