United Kingdom · Question · Written question
UIN 18062
Lump Sum Payments
Introduced
14 June 2022
Last action
21 June 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
21 June 2022
Summary
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of increasing the upper limit of lump sum pension withdrawals to above the £30,000 limit set out in the Pension Schemes Act 2015.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
14 June 2022
Written question
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of increasing the upper limit of lump sum pension withdrawals to above the £30,000 limit set out in the Pension Schemes Act 2015.
Source: Commons
21 June 2022
Answer
The pensions regime has various features to ensure that pension scheme members are protected. The Pension Schemes Act 2015 introduced a requirement for members of pension schemes with safeguarded benefits, such as defined benefit schemes or those with a g...
Source: Written answer
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- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-06-14/18062
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1470235
- uk · wq-1470235 · source updated 21 June 2022