09 December 2010
Speaking at the Pensions Policy Institute yesterday, Mark Hoban,
financial secretary to the Treasury said the government will issue
a call for evidence on early access to pension funds later this
month.
In May of this year, the coalition government pledged it would
explore the possibility of allowing early access to pensions in a
bid to boost their appeal.
Mr Hoban said his "main priority is to ensure any policy changes
are focussed on encouraging more people to save more towards their
retirement, and we need to remain aware of the risks to people's
retirement income of increased flexibility."
