{"id":1193,"date":"2015-03-03T09:28:41","date_gmt":"2015-03-03T09:28:41","guid":{"rendered":"http:\/\/www.newsfin.co.uk\/news\/?p=1193"},"modified":"2015-03-03T09:28:41","modified_gmt":"2015-03-03T09:28:41","slug":"retirement-products","status":"publish","type":"post","link":"https:\/\/www.vizionwealth.co.uk\/news\/retirement-products\/","title":{"rendered":"Retirement products"},"content":{"rendered":"<p><strong>Tax rules amended to allow greater innovation<\/strong><\/p>\n<p>The tax rules will also be amended to allow innovation in retirement products. This is happening in a number of ways:<!--more--><\/p>\n<p>Lifetime annuities will be able to decrease in payment, for example, when someone&#8217;s State Pension comes into payment<\/p>\n<p>A lump sum will be able to be taken from a lifetime annuity. This will need to be specified in<br \/>\nthe pension terms and conditions, so this will only apply to new policies<\/p>\n<p>The current ten-year cap on annuity guarantee<br \/>\nperiods will be lifted to allow payments to beneficiaries to continue beyond the current 10-year maximum<\/p>\n<p>Payments from guaranteed annuities could be paid as a lump sum (if they are less than \u00a330,000)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tax rules amended to allow greater innovation The tax rules will also be amended to allow innovation in retirement products. This is happening in a number of ways:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,5],"tags":[],"_links":{"self":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/1193"}],"collection":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/comments?post=1193"}],"version-history":[{"count":0,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/1193\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/media?parent=1193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/categories?post=1193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/tags?post=1193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}