David Cameron said giving people freedom with their pensions funds was "the right thing to do" and that this was "the right time to do it".
The Prime Minister told an event in Brighton that he doesn't believe people are "fundamentally irresponsible" or that they will spending all the money they draw down from their pension.
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The Oscars was plunged into chaos as La La land was mistakenly announced as the best picture, the actual winner was Moonlight.
The tourists had no idea they were about to be dropped off at the star-studded ceremony to meet A-listers.
It comes just weeks after actor Michael Keaton confused the names of films Hidden Figures and Fences at the Golden Globes.