To ask the Chancellor of the Exchequer, how many pensioners affected by the Guaranteed Minimum Pension reconciliation exercise had their pensions (a) reduced and (b) increased; and what was the (a) highest loss, (b) lowest loss and (c) average loss of pension for those pensioners.
23 September 2022
This question is being answered assuming the Hon. Member for Angus is referring to the Scheme Reconciliation Service that ended in 2021 and that the pension information requested relates to occupational pensions. HMRC are unable to provide the data requested.