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Numerous surveys of over-55s have suggested that many have an interest in investing some of this pension money in property, although the Bank of England said recently that most pensioners would find it difficult to obtain a buy-to-let mortgage.
This pension entitlement is entirely contractual in nature.
"This pension reform is a critical step in that process".
"This pension arrangement became a symbolic issue, and the focus of unprecedented media and political attention.
Mr Osborne will extend this pension freedom, removing restrictions on buying and selling existing annuities.
Bolivians, like Chileans, now pay 10% of their wages into this pension scheme.
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This pension-freezing penalty is also imposed on some 550,000 British pensioners living overseas.
But, to finance this, pensions themselves might have to be taxed.
This pensions fiasco, more than anything, is what has undermined Mr Abe's fortunes.
This pensions change is not a social disaster, but a wonderful opportunity.
The same protections do not apply in the private sector.The cast-iron nature of this pensions guarantee ought, you might think, to be reflected in pension accounting.
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