{"id":902,"date":"2010-07-07T09:37:34","date_gmt":"2010-07-07T08:37:34","guid":{"rendered":"http:\/\/esmartproducts.co.uk\/?p=902"},"modified":"2010-07-07T09:37:34","modified_gmt":"2010-07-07T08:37:34","slug":"annuity-rule-change","status":"publish","type":"post","link":"https:\/\/www.suretyfp.com\/wordpress\/?p=902","title":{"rendered":"Annuity rule change"},"content":{"rendered":"<h3>Securing a retirement income<\/h3>\n<p>A rule that requires all pension savers to purchase an annuity  by age 75 will cease next year, the government announced on 22 June.  Initially at least, the age will be revised up to 77, with a  consultation process on whether the rule should be removed altogether.<br \/>\n<!--more--><br \/>\nAccording to the emergency Budget document: \u2018The government  will end the existing rules that create an effective obligation to  purchase an annuity by age 75 from April 2011 to enable individuals to  make more flexible use of their pension savings\u2019.<\/p>\n<p>\u2018The government will shortly launch a consultation on the  detail of this change and will introduce transitional measures for those  yet to secure a retirement income who will reach 75 in the meantime\u2019,  it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Securing a retirement income A rule that requires all pension savers to purchase an annuity by age 75 will cease next year, the government announced on 22 June. Initially at least, the age will be revised up to 77, with a consultation process on whether the rule should be removed altogether.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[21],"_links":{"self":[{"href":"https:\/\/www.suretyfp.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/902"}],"collection":[{"href":"https:\/\/www.suretyfp.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.suretyfp.com\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.suretyfp.com\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.suretyfp.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=902"}],"version-history":[{"count":0,"href":"https:\/\/www.suretyfp.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/902\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.suretyfp.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.suretyfp.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.suretyfp.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}