A new freedom on the horizon

In that hopeful dawn of 1997, calls were made to New Labour for an end to the compulsory purchase of annuities at the age of 75 – but that was a hope too far!

Gordon Brown, on the verge of becoming the greatest peace-time control-freak in our nation’s history, was never going to allow ordinary people such freedom of action

But good things come to those who wait and we finally appear to have a government capable of saying two or three sensible things in a row.

If people exercise personal financial responsibility while they are working, they should not have inflicted on them policies that assume they will blow the lot on retirement.

If we demonstrate that we have the means to avoid falling back on the state then we should be allowed to hand on our savings to the family and not an insurance company.

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