Pensions: Age

(asked on 21st February 2025) - View Source

Question to the HM Treasury:

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 Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 26th February 2025

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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