(5 years, 7 months ago)
Commons ChamberI refer the hon. Gentleman to the judgment given by the High Court on Thursday and, obviously, any individual local authorities that wish to address that point in a particular way.
The hon. Member for Edinburgh West (Christine Jardine) is being addressed by her leader, which is a very solemn matter. Nevertheless, I intrude, in the hope that she still wishes to ask a question.
(5 years, 10 months ago)
Commons ChamberThe right hon. Lady will be aware that this is a matter for the Department for Digital, Culture, Media and Sport. In the 2015 funding settlement the Government agreed with the BBC that responsibility for the concession would transfer to the BBC after June 2020. I reassure the House that the Government recognise the importance of this, but we are very disappointed with the BBC and we expect it to continue the concession.
The hon. Member for Birmingham, Erdington (Jack Dromey), who is a keen young pup in the House, is perched as though he is about to expatiate. However, I had him down as coming in on the next question. [Interruption.] He wishes to expatiate now. Well, our delight is unanimous.
The pensioners who built Britain deserve nothing but the best in retirement, yet there are 1 million households in poverty because, according to research conducted by Independent Age, the Government have held on to a staggering £7 billion since the general election in unclaimed pension credit, increasing to over £17 billion by 2022— £10 million a day. What has been the Government’s response? An online toolkit used by 2,000 people last year. How do the Government begin to justify plunging 1 million pensioners into poverty? What will they do to ensure that all pensioners get the security and dignity they deserve?
It is hard for me to comment on the specifics of the particular case. If the hon. Gentleman writes to me in advance of the forthcoming constituency surgery, I will write back to him and he can hand over the letter.
(6 years, 1 month ago)
Commons Chamber(6 years, 3 months ago)
Commons ChamberI beg to move,
That the draft Guaranteed Minimum Pensions Increase Order 2019, which was laid before this House on 16 January, be approved.
With this, it will be convenient to discuss the following motion:
That the draft Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2019, which was laid before this House on 16 January, be approved.
Thank you, Mr Speaker—what an introduction. I will not take the departure personally. With your permission, I will address both the orders at the same time.
The reality is that automatic enrolment is one of this country’s biggest and quietest success stories. It is a cross-party success story that has reformed private pension saving, with nearly 10 million people now signed up to a private pension. Our thanks are due to the 1.4 million employers up and down the country that have supported automatic enrolment.
(6 years, 6 months ago)
Commons ChamberSome 15,000 people in my hon. Friend’s constituency have been auto-enrolled thanks to the 2,010 employers supporting the system. As auto-enrolment expands, there will be a number of different pension pots, and having an online tool that everybody can access will be a massive addition for his constituents.
If the Minister could be good enough to face the House, it would be hugely appreciated.
(7 years, 1 month ago)
Commons ChamberMy hon. Friend is right: we now pay £1,000 more in the basic state pension than in 2010. For those in employment, 23,000 people in his constituency have a private pension due to auto-enrolment. Pensioner poverty of itself has fallen dramatically, but I am happy to take this up and to discuss it with him in more detail.
I wish the hon. Member for Tewkesbury (Mr Robertson) a happy birthday on Thursday, which will be an important day in the life of the hon. Gentleman and I am sure of the people of Tewkesbury.
Myself and my opposite number, the hon. Member for Birmingham, Erdington (Jack Dromey), were extraordinarily trendy: we were at a hackathon this morning, which is taking place over two days in Hoxton. The Government are working very hard to make sure that the self-employed have the benefits of auto-enrolment.
(7 years, 3 months ago)
Commons ChamberThe simple answer is that I will take that matter up with my colleagues at the Treasury who are handling that point, particularly in relation to the FCA. The hon. Gentleman will be aware that I am in a Bill Committee with the exact same Minister and will probably have an opportunity tomorrow—with the hon. Member for Birmingham, Erdington (Jack Dromey)—to have a discussion about this point.
A Port Talbot shift supervisor was badly advised by a pensions predator preying on him who made him take the wrong choice. “I will never forgive myself”, he said, “because all 20 on my shift followed my lead.” In an otherwise welcome Bill, in the words of Baroness Altmann,
“the Government seems to have bowed to industry pressure and proposes to weaken consumer protection for pension customers. By removing a clause introduced in the House of Lords…more people are at risk of losing their hard-earned savings in scams, frauds and unwise pension withdrawals.”
She is absolutely right. Will the Government think again?
I am grateful to have the opportunity to replay the same debate that we had in the Bill Committee last Thursday. I will give the same answer, which is that, with no disrespect to Baroness Altmann, she is incorrect on this point. The Government are addressing pensions guidance. We have introduced very stringent new laws. We have improved on the point raised by the Work and Pensions Committee, as my hon. Friend the Member for Brentwood and Ongar (Alex Burghart), who sits on that Committee, agreed in the Bill Committee last Thursday.