Oral Answers to Questions

Chris Leslie Excerpts
Monday 24th October 2011

(13 years ago)

Commons Chamber
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Steve Webb Portrait Steve Webb
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The process of long-term saving through auto-enrolment in workplace pensions is imminent, but there has been a big growth in workplace coverage of occupational workplace individual savings accounts, which is an encouraging development. We are looking to see what more we can do to encourage that trend.

Chris Leslie Portrait Chris Leslie (Nottingham East) (Lab/Co-op)
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Many who use credit unions also need help to access credit advice. What is the Minister doing to help those who will lose out when he scraps the £27 million financial inclusion fund from next March?

Steve Webb Portrait Steve Webb
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One of the things we are looking at as part of our feasibility study on the future of credit unions is their crucial role in supporting people who need financial advice and assistance. That work will report back to the Department next month.