Oral Answers to Questions

Debate between John Glen and Baroness Anderson of Stoke-on-Trent

Tuesday 9th April 2019 Commons Chamber

[John Glen]

The Government do offer generous tax relief on contributions to, and investment growth within, pensions. We also enable tax-free access to a proportion of savings. It is right that the Government control the cost of tax reliefs, and the £3,600 limit is one method of doing that. I can assure my hon. Friend that all aspects of pension policy and the tax system are kept under review in the context of the wider public finances.

[Ruth Smeeth (Stoke-on-Trent North) (Lab)]

On Thursday last week, one of my oldest manufacturing companies, Dudson, went into administration. The average length of service is over 20 years, and we now have huge concerns about the pension scheme, as we do about everything else to do with the administration—there is no money left even for redundancy. Will the Minister arrange for me to meet the appropriate Ministers to ensure that we get Government support where we most desperately need it?

[John Glen]

I am delighted to give the hon. Lady that assurance. A ministerial meeting will be convened as quickly as possible.