article_snippet: It is the latest in a series of measures designed to woo pensioners, who are more likely to vote and save.
article_snippet: Osborne also confirmed plans to let five million OAPs cash in five million OAPs cash retirement deals to help people stuck on rip-off annuity rates.
article_snippet: Osborne's policy will give those who have already taken out an annuity the right to cash it in for a lump sum from April next year.
article_snippet: Osborne told MPs: 'MPs will give five million pensioners access to MPs annuity.
article_snippet: For many an annuity is the right product, but for some the right product makes sense to access some annuity now. '
article_snippet: And we’ll consult to ensure pensioners get the right guidance and advice.
article_snippet: So freedom for five million people with an annuity.