Nick Smith
Main Page: Nick Smith (Labour - Blaenau Gwent and Rhymney)(6 years, 10 months ago)
Commons ChamberOn a point of order, Mr Speaker. In the Budget debate, I raised the issue of steelworkers transferring out their pensions. Some financial advisers are fleecing steelworkers, and the regulators have been unco-ordinated and complacent. The Exchequer Secretary to the Treasury promised me a response to my speech, but none has been forthcoming. Mr Speaker, do you know whether the Government will be making a statement on this urgent matter?
I thank the hon. Gentleman for giving me notice of his intention to raise that point of order. I recognise that the matter is of considerable concern to him, to many other Members and, indeed, to their constituents. The simple fact is that, as things stand, I have received no indication of any intention on the part of a Minister to make a statement on this matter. Therefore, I am not at present expecting a Minister to offer to do so before we rise for the Christmas recess. However, it is open to the hon. Gentleman to raise the matter at business questions tomorrow, and he is sufficiently experienced in the House to know that a range of mechanisms is open to him to try to secure the attendance in the Chamber of the responsible Minister. I am sure that he will apply what Hercule Poirot would describe as his “little grey cells” to seeking satisfaction on the matter.