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One time release of 10% of private pension funds for funds over £50,000 value

Submitted on Thursday 1st October 2020

Rejected on Thursday 8th October 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

One time release of 10% of private pension funds for funds over £50,000 value

Petition Details

Change the age of pension equity release to under the age of 55 years for the duration of the covid crisis. But only a one off 10% on pensions of £50,000 or higher

Additional Information

If pension funds can be released to people they might not take desperate loans out that cause later problems for them.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

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.

You may wish to sign some of these petitions:

Reduce restrictions on access to private pensions during coronavirus: petition.parliament.uk/petitions/304996

Give all UK citizens access to their pension pots immediately tax free: petition.parliament.uk/petitions/305886

Have your say on this petition!

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