Source · Select Committees · Work and Pensions Committee
Recommendation 32
32
Paragraph: 128
We support the Government’s intention to make pensions simpler.
Recommendation
We support the Government’s intention to make pensions simpler. Recent policy changes to the normal minimum pension age have highlighted the difficulties of achieving this and we are disappointed that these changes have made making decisions about accessing pensions even more difficult. Savers take a working lifetime to build up pension savings, through many changes of policy and government. We urge the Government to do everything in its power to ensure that future changes do not bake additional complexity into the system for decades to come. Where additional complexity is inescapable, we recommend that any Government consults early, thoroughly and aims to achieve cross-party consensus.
Paragraph Reference:
128
Government Response
A response document is linked to this report, dated 27 April 2022. Response attribution to this recommendation has not been verified. Read the response document ↗