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Pensions: Age

Asked by Alison BennettLiberal DemocratTreasuryTabled Answered 26 February 2025UIN 32730

The question

To ask the Chancellor of the Exchequer, whether she plans to review the increase to the normal minimum pension age for accessing private pensions from April 2028.

Answered by James Murray

The normal minimum pension age is the lowest age at which the majority of members can take benefits from a registered pension scheme without incurring tax charges, except in cases of ill-health. It will increase from age 55 to age 57 in April 2028.

The Government keeps all tax rules under review.

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