Submitted on Tuesday 1st November 2016
Rejected on Wednesday 23rd November 2016
Current status: Rejected
Rejection code: no-action (see below for details)
Stop Hammond reversing policy to let pensioners withdraw their pension pots.
New pensioners are allowed to keep their pension pots. The reason existing pensioners were not included is because insurance companies do not want money taken out of their annuity funds. George Osbourne eventually agreed it was unfair to existing pensioners. Hammond has no right to reverse it.
I could buy a house as an investment with my pension pot, so that when I die I can bequeath it. But Hammond appears to think because I am a pensioner I am unfit to make the decision to use my money paid by myself and my employer for what I want. Hammond could include a clause that withdrawals from pension pots should be recorded and claims for benefits should be withheld until the amount drawn out has be withheld.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
Petitions need to call on the Government or Parliament to take a specific action. You could start a new petition explaining clearly what you would like the Government or Parliament to do.
18.116.90.141 Fri, 26 Apr 2024 09:42:20 +0100
