This petition was submitted during the 2015-2017 parliament
Rejected petition reverse the decision stopping pensioners accessing their annuities
George Osbourne as chancellor promised this would be made available.I have planned for my future on this promise. To have it taken away because of lobbying by the insurance industry is appalling, with around five million people affected. This was never debated in parliament.
More details
George Osbournes thinking was that this money belonged to the individual saver who should have access to it, especially as most people had been sold bad annuity schemes.As recently as Dec 2015 ministers confirmed it would go ahead in April 2016. This money was after all our life savings
This petition was rejected
Why was this petition rejected?
There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
https://petition.parliament.uk/petitions/169932
We only reject petitions that don’t meet the petition standards.