PARLIAMENTARY WRITTEN QUESTION
Pensions (3 September 2025)
Question Asked
To ask the Chancellor of the Exchequer, what steps she is taking to help increase the return on investment from pension savings.
Asked by:
Dr Scott Arthur (Labour)
Asked by:
Dr Scott Arthur (Labour)
Answer
This house legislated to auto-enrol millions of employees into pension saving and the onus is on us to ensure they get the best possible returns.
The Pension Schemes Bill will do exactly that, via bigger, better pension schemes, a value for money framework and tackling small pots.
Average earner savings over their working life could have their pension pot boosted by £29,000.
Answered by:
Torsten Bell (Labour)
9 September 2025
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