Pensions: Debts
(asked on 8th June 2022) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, if her Department will make an estimate of the number of people who have accessed their pension pots to repay debt in each of the last three years; and if she will make a statement.
This question was answered on 15th June 2022
The most recent available evidence is the FCA’s Financial Lives 2020 survey: Financial Lives survey resources library | FCA. Pension Freedoms and debt policy is determined by HMT.