questionText: To ask the Secretary of State for Work and Pensions, with reference to his Department’s press release entitled Britain is undersaving for retirement warns Pensions Commission, published on 19 May 2026, what assessment he has made of the implications of lower rates of home ownership for future retirement security.
answerText: The Government recognises the challenges facing the country when it comes to pensions. On average, someone retiring in 2050 is set to have 8% (£800 per year) lower private pension income compared to a retiree in 2025 (in today’s earning terms), while near...
heading: Retirement: Owner Occupation