George Osborne MP
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Budget 2015: George Osborne confirms pension changes

Pension law are to be changed to allow up to five million people to cash in existing annuities, the Chancellor has confirmed.

Speaking on The Andrew Marr Show, George Osborne dismissed the idea that people could waste the money.

"By changing the law, we're trusting people who have worked hard and saved hard all their lives", he said.

  • 15 Mar 2015
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