Clive Jones
Main Page: Clive Jones (Liberal Democrat - Wokingham)Department Debates - View all Clive Jones's debates with the Department for Work and Pensions
(1 day, 14 hours ago)
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Manuela Perteghella
I fully agree. The term itself is misleading. The money is not being taken by the state; it actually goes back to HSBC. Had it been labelled properly, as an integrated pension deduction, many people would have asked questions much earlier.
Clive Jones (Wokingham) (LD)
I thank my hon. Friend for securing the debate. Sue, a constituent of mine, is trying to obtain her full HSBC pension, but because of a clawback deduction by her former employer that has no alignment with the salary she earned, she is losing out on £244 each month. That is unfair and has plunged many pensioners—primarily women—into poverty. Does my hon. Friend agree that the Minister must seriously consider what support can be provided for people like Sue, who have been left with significant financial difficulties?
Manuela Perteghella
Absolutely. I will ask the Minister to take action later in my remarks.