Oral Answers to Questions

Debate between Jack Brereton and Amber Rudd

Monday 18th March 2019 Commons Chamber

[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.