Government closes pension switching window

Savers barred from switching to a new scheme with a protected pension access of age 55

Holly Roach
clock • 5 min read
The normal minimum pension age is rising from 55 to 57 from 6 April 2028
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The normal minimum pension age is rising from 55 to 57 from 6 April 2028

The government has closed the window of time during which people can join a scheme that offers a protected pension age of 55.

In its Finance Bill 2021/22 - published today (4 November) - the government announced savers will be stopped from switching to a new scheme with a protected pension access age of 55. The bill in...

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