Written Question·Treasury·UIN 123434

Pensions: Older People

Tabled: 24 March 2026
Answered: 1 April 2026

Question

Connor Naismith

LabourCrewe and Nantwich

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of investment-market volatility on retirees using income drawdown arrangements; and if she will conduct a review of (a) pension provider fee structures

Answer

Torsten Bell
Individuals do face both investment and longevity risk in today’s Defined Contribution pension landscape, That can include investment risk during retirement. The government is acting to help savers manage these risk, including via the introduction of defa...

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