£1,000 retirement savings boost from plans to bring together small pension pots

News Employment & labor Law & Policy Updates

Date: 24th Apr, 2025 Source: Department for Work and Pensions Country: United Kingdom Original Source

Brief

On 24/04/2025, the "Department for Work and Pensions" issued an update regarding "£1,000 retirement savings boost from plans to bring together small pension pots". The government's reforms aim to combine small pension pots, reducing costs and hassle for savers, while boosting living standards and making working people better off by around £1,000.

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Department for Work and Pensions

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£1,000 retirement savings boost from plans to bring together small pension pots

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£1,000 retirement savings boost from plans to bring together small pension pots

Brief

Department for Work and Pensions

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