Pensions
The question
To ask the Chancellor of the Exchequer, what estimate she has made of the number of customers accessing pensions prior to the Autumn Budget 2025; and whether she has made an assessment of the potential impact of media coverage of the Budget on pension adequacy throughout retirement.
Answered by Torsten Bell
The Government does not comment on media speculation ahead of Budgets nor collect real-time data on the number of individuals accessing their pensions.
Taking unplanned steps in respect of an individual’s pension may not be in their long-term financial interest. Individuals should get suitable professional advice, including from a regulated financial adviser.
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