Petition Commission public inquiry into pension providers’ ‘lifestyling’ strategies

We believe an investigation by public inquiry is required into the approach of pension providers using an investment strategy of 'lifestyling', involving moving pension savings into funds referred to as 'lower-risk'.

More details

In 2022 people nearing retirement suffered catastrophic losses as a result of such strategies. Marketing material by pension providers described 'lifestyling' investment strategies that involved moving money to ‘lower-risk’ funds. This often meant investment in long term gilts which were regarded as lower risk. We do not believe the consequences were appropriately risk-assessed. We think that the government and regulators should hold pension providers to account.

This petition closed early because of a General Election Find out more on the Petitions Committee website

35 signatures

Progress of the petition towards its next target: 35 of 10,000 signatures required to get a government response

Show on a map the geographical breakdown of signatures by constituency

10,000 signatures required to get a government response

Date closed 30 May 2024
Get petition data (json format)

About petition data

The data shows the number of people who have signed the petition by country as well as in the constituency of each Member of Parliament. This data is available for all petitions on the site. It is not a list of people who have signed the petition. The only name that is shared on the site is that of the petition creator.