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United Kingdom · Question · Written question

UIN 28137

Pensions: Terminal Illnesses

answeredUnited Kingdom· UK Parliament· EN

Introduced

6 July 2021

Last action

12 July 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

12 July 2021

Summary

To ask the Chancellor of the Exchequer, what discussions he has had with insurance companies on improving early access to pension pots for people diagnosed with terminal illnesses.

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Timeline

  1. 6 July 2021

    Written question

    To ask the Chancellor of the Exchequer, what discussions he has had with insurance companies on improving early access to pension pots for people diagnosed with terminal illnesses.

    Source: Commons

  2. 12 July 2021

    Answer

    An individual cannot usually access their pension pot before normal minimum pension age, currently age 55. However, the Government allows members to access their pension earlier than this age on the basis of ill-health. In 2016 the Government made changes...

    Source: Written answer

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