This petition was submitted during the 2015-2017 parliament
Rejected petition To repeal the Finance act 2014 section 165 to be repealed
I was mis-sold a pension and raised a complaint with the ombudsman and took it to my local MP Lucy Fraser and was advised that I could not claim the money as pension rules forbid it.
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I feel that if the government was to relax on the pension rules it would more likely allow people to feel happier continuing with money purchase pension schemes. I feel that the government should we look at pension roles. I feel that it is on fair that the companies administrator of pensions are penalised for releasing funds early. And it is also on fair that the tax is 55% on top of the pension plan is taken for tax.
This petition was rejected
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
Section 165 of the Finance Act 2014 doesn't seem to relate to pension rules, so we're not sure exactly what action you'd like Parliament to take.
We think you may mean section 165 of the Finance Act 2004, which is about pension rules. We're not sure whether you would like this section to be completely repealed, or whether you'd like a specific change to the pension rules.
You could start a new petition explaining clearly what you would like the Government or Parliament to do.
We only reject petitions that don’t meet the petition standards.