Oral Answers to Questions
Debate between Torsten Bell and Peter Swallow(5 days, 8 hours ago)
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Peter Swallow (Bracknell) (Lab)
Torsten Bell
I thank my hon. Friend for his crucial question. That is exactly why we have revived the landmark pensions commission. We have to confront the reality that we are on track for tomorrow’s pensioners to be poorer than today’s. Auto-enrolment has been a huge success, with 88% of eligible employees now saving, but 45% of working-age adults, including 3 million self-employed and one in four low earners, are currently saving nothing. The commission will ensure that we build a pension system that is strong, fair and sustainable.
Winter Fuel Payment
Debate between Torsten Bell and Peter Swallow(2 months, 4 weeks ago)
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Torsten Bell
Yes, that is exactly what we are doing, and we are funding that, because this Government know that we need to make difficult decisions, and will make them, so that we can deliver priorities such as investment in better housing stock.
Peter Swallow (Bracknell) (Lab)
I welcome this news, which will mean that more pensioners in Bracknell Forest receive this important benefit, and the Government’s recommitment to the triple lock. Does the Minister agree that a Conservative party that cannot decide whether it supports giving winter fuel payments to millionaires, whether it backs the triple lock, or even whether Liz Truss is a member is in no position to govern this country every again?
Torsten Bell
Obviously, I agree with my hon. Friend in lots of ways, but it is really important to dwell on the point that he made at the beginning of his question. Through these changes, the vast majority of pensioners— over three quarters—will receive winter fuel payments this winter. We can give them the necessary reassurance that they do not need to do anything for that to happen, even if they are on a higher income.