Clause 1 - Amendment of the Income and Corporation Taxes Act 1988
Retirement Income Reform Bill
2:15 pm
Mr Howard Flight (Arundel and South Downs, Conservative)
May I be of help? The Brethren have a religious belief that one should not gamble on life. They view insurance policies as a form of gambling; as a result, their religion does not permit them to invest in any form of insurance. Therefore, if they are to stick to their religious principles, they cannot use annuities.