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Written Question
Pensions: Reform
Tuesday 3rd December 2024

Asked by: Irene Campbell (Labour - North Ayrshire and Arran)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what fiscal steps she is taking to reform the pensions system.

Answered by Emma Reynolds - Parliamentary Secretary (HM Treasury)

The Pensions Investment Review, which I am leading, aims to drive the scale and consolidation of Defined Contribution pension schemes and the Local Government Pension Scheme. Our reforms could unlock £80 billion of productive investment into new infrastructure and businesses of all sizes.