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Full Debate: Read Full DebateLaurence Robertson
Main Page: Laurence Robertson (Conservative - Tewkesbury)Department Debates - View all Laurence Robertson's debates with the Department for Work and Pensions
(5 years, 5 months ago)
Commons ChamberThis country spends £121 billion on pensioners every year, with an increasing budget. My hon. Friend will be aware that the state pension is up well over £1,000 per annum in cash terms since 2010. In addition, there are 12 million winter fuel payments, at a cost of about £2 billion, specifically for the over-80s, with a payment of £300 a year to the individual.
I thank the Minister for delivering that good news to the House. While automatic pension enrolment will certainly help people as they move into retirement, can we make sure that we do not take our eye off the ball with older pensioners, with particular reference to fuel poverty, because there is still a problem?
My hon. Friend makes two points. The first is that auto-enrolment is a massive success in Tewkesbury, with 23,000 men and women now saving up to 5%—going up to 8% in April—for their long-term retirement. In addition, on fuel poverty, he will be pleased with the warm home discount scheme, which supports over 2 million low-income and vulnerable customers each year with direct assistance with their costs. However, I accept that there is always more that we can do.