FCA CEO reiterates idea of allowing early access to pensions for housing deposits

Nikhil Rathi says ‘contentious’ debate to be had about using portion of pension savings for housing deposits

Martin Richmond
clock • 1 min read
Nikhil Rathi: Being able to access £1,000 from your pension pot for an emergency could take some pressure off
Image:

Nikhil Rathi: Being able to access £1,000 from your pension pot for an emergency could take some pressure off

Financial Conduct Authority (FCA) chief executive (CEO) Nikhil Rathi has once again raised the idea of allowing savers early access to pension funds for housing deposits.

Speaking at the Resolution Foundation's 'Unsung Britain' conference earlier this week (10 February) which discussed the cost of living and the trends around savings and financial resilience, Rathi ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pension Schemes Bill facing 'genuine risk of failure'

Pension Schemes Bill facing 'genuine risk of failure'

Industry says trustees feeling ‘sense of legislative fatigue’

Holly Roach
clock 28 April 2026 • 2 min read
Professional Pensions Live: Three weeks left to register

Professional Pensions Live: Three weeks left to register

Our flagship event will be held on 19 May at Convene, 155 Bishopsgate in London

Jonathan Stapleton
clock 28 April 2026 • 1 min read
UPDATED: House of Lords disagrees again with Commons bill amendments on mandation

UPDATED: House of Lords disagrees again with Commons bill amendments on mandation

House of Lords urges Commons to ‘consider the matter again’; DWP minister says removing power 'not going to happen'

Holly Roach
clock 28 April 2026 • 2 min read
Trustpilot