Hogan Lovells

Key Dates


Tax Information and Impact Note (TIIN) and Written Ministerial Statement issued on 4 November 2021.

Finance (No 2) Bill published on 4 November 2021.

Consultation response, policy paper and draft legislation issued on 20 July 2021.

Consultation on implementation of the increase and proposed protection for individuals with a right to take pension at a pre-existing pension age issued on 11 February 2021.

Increase in NMPA to 57 to have effect from 6 April 2028.


The Finance (No 2) Bill, issued on 4 November 2021, includes provisions to implement the increase in normal minimum pension age (NMPA) from 55 to 57 with effect from 6 April 2028.  The Bill also includes a framework for protection of pre-existing pension ages below age 57 in some circumstances. 

In a change from the approach announced in July 2021, the government has closed the “transfer window” in which individuals may gain a protected pension age of 55 or 56 by transferring to a scheme whose rules give an unqualified right to an NMPA below 57.  As amended, protection will only apply where a member transferred (or made a “substantial request” to transfer) to the new scheme before 4 November 2021.  The July 2021 proposals would have allowed individuals to transfer up to 5 April 2023 and still benefit from a protected pension age in their new scheme. 

The increase in NMPA to 57 will not apply to members of uniformed services pension schemes (armed forces, police and firefighters).

New protected pension age

Transitional provision for transfers in progress

No “retirement condition”

Block transfers

Individual transfers

Date Accessed: 28/05/2022