Petition Annuities - the state to provide guaranteed annuity rates

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Let’s have a set of annuity rates that are guaranteed by the state , so people know EXACTLY what they will get. The state guarantees to provide you with a pension in exchange for your retirement pot, at guaranteed rates. If insurance companies offer you a better deal – fine, that’s up to you, you can still do that,. This idea is an underpin. Should be available to anyone with any type of retirement money purchase fund – be it personal pension, SIPP, stakeholder, AVCs etc. Exchange part of your fund and keep the rest where it is –offer people chance to hedge their bets.

This petition is closed This petition ran for 6 months

14 signatures

Progress of the petition towards its next target: 14 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 26 July 2013
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