Written Question·Treasury·UIN 48796

Pensions

Tabled: 28 April 2025

Answered: 7 May 2025

Question

Mr Peter Bedford

To ask the Chancellor of the Exchequer, what steps her Department is taking to help maintain the level of return on savings in the context of her proposal to consolidate pension schemes that have under £25 billion of assets.

Answer

Torsten Bell

Increasing the returns on savings is a key priority of the Pensions Investment Review. Our proposals to consolidate schemes will improve efficiencies, reduce costs, and allow for more effective investment strategies. Together, the review and measures outl...

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