Heather Wheeler
Main Page: Heather Wheeler (Conservative - South Derbyshire)Department Debates - View all Heather Wheeler's debates with the HM Treasury
(10 years, 9 months ago)
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Danny Alexander
The hon. Lady is right, of course, that the financial crisis that took place when her party was in office cast a long shadow over the personal finances of millions of people in this country. However, she omits to mention that many of the people she refers to were paying income tax under the previous Government, and it is thanks to this Government’s policies that they are no longer doing so.
Heather Wheeler (South Derbyshire) (Con)
19. I want to extend the previous question to the difficulties of pensioners who are stuck on low-performing annuities. How will the Government open up the market and improve annuities for the future?
Danny Alexander
We have already taken steps to ensure that the annuities market works better. We are examining it further to ensure that people who have saved for a pension can get a proper deal in retirement.