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LONDON DAILY ARCHIVE

Millions of Pensions at Risk Amid Proposed Tax Changes

Government plans to allow access to pension surpluses raise concerns

09 June 2025 · 08:32 UTC

Proposed government changes to pension regulations could put millions of retirement savings at risk by allowing companies to access surplus funds from defined benefit schemes.

Critics warn that this move could lead to increased exposure to risky investments and undermine the financial security of pensioners.

The plans are part of a broader strategy to stimulate economic growth, but they have sparked debate over the potential long-term consequences for retirees.