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Saving for later life: Work and Pensions Committee to hear from pension policy experts in inquiry’s first oral evidence session

22 February 2022

The Work and Pensions Committee will question pension policy experts in the first oral evidence session of the inquiry examining saving for later life and what more needs to be done to help people plan and save for retirement. 

Purpose of the session

The inquiry is examining whether households have adequate pension saving for retirement and how the Government can improve outcomes for savers. It is looking at issues around auto-enrolment, retirement income targets and guidance and advice and also the support available for the self-employed and gig economy workers. It will also look at possible measures to close the gender pensions gap. 

The focus on saving for later life is part of the Committee’s work examining the impact of the pension freedoms, which were introduced in 2015 with the aim of giving people aged over 55 more control over how and when they could access their savings. 

The Committee has previously published reports on pension scams and accessing pension savings

Witnesses

Wednesday 23rd February

From 9.15am 

  • Chris Curry, Director, Pensions Policy Institute (PPI)
  • Carl Emmerson, Deputy Director, Institute for Fiscal Studies (IFS)
  • Rob Yuille, Head of Long-term Savings Policy, Association of British Insurers (ABI)
  • Nigel Peaple, Director of Policy and Advocacy, Pensions and Lifetime Savings Association (PLSA)

Further information

Image: Pixabay