Asked by: Matt Rodda (Labour - Reading East)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when he plans to publish further details of the protection regime allowing people with existing unqualified rights to take their pension before the age of 57.
Answered by John Glen - Paymaster General and Minister for the Cabinet Office
HMRC published information on the protection regime in Pension Schemes Newsletter (no.136) on 17 January 2022.
In addition, HMRC will update the Pensions Tax Manual at the earliest opportunity to reflect the changes to the Normal Minimum Pension Age from 2028. This will include the protection regime that will apply to those with an unqualified right to access their savings before the Normal Minimum Pension Age of 57.