Those points about alternative income requirement are correct but there are a number of reasons, not just those, as to why annuity rates are historically low, to do with interest rate levels.
Pensions Bill
Proceeding contribution from
Lord Bates
(Conservative)
in the House of Lords on Monday, 20 January 2014.
It occurred during Debate on bills
and
Committee proceeding on Pensions Bill.
About this proceeding contribution
Reference
751 c306GCSession
2013-14Chamber / Committee
House of Lords Grand CommitteeLibrarians' tools
Timestamp
2015-03-26 19:44:27 +0000
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