Oral Answers to Questions

Jack Brereton Excerpts

Monday 18th March 2019 Commons Chamber

[Alok Sharma]

The hon. Lady raises an important point. We make sure, working with our colleagues in Her Majesty’s Treasury, that employers are made aware of the fact that they need to get the right date into the RTI system.

[Jack Brereton (Stoke-on-Trent South) (Con)]

T1. If she will make a statement on her departmental responsibilities.

[The Secretary of State for Work and Pensions (Amber Rudd)]

Today I can announce that this Conservative Government will deliver on their promise to legislate to create a new type of pension scheme: collective defined- contribution schemes. These schemes will help improve retirement outcomes for members, while also benefiting employers. Savers’ contributions are paid into a pooled fund, which is invested to achieve a target benefit. At retirement, savers receive a regular pension income. This is a major promise delivered. It shows this Government are meeting their objective to protect private pensions and provide security for hard-working savers in retirement.

[Jack Brereton]

I thank my right hon. Friend for updating us on her Department. Will she comment on how the Government are helping young people in my constituency into work?

[Amber Rudd]

I thank my hon. Friend for raising this important matter, and I thank him particularly for the great work he does in his constituency for young people. I have looked into this, and there are many different initiatives taking place in his constituency, but I particularly commend the Prince’s Trust, which does such great work across country, and which attends the jobcentre fortnightly to provide targeted support for 18 to 24-year-olds.