Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what steps he is taking to ensure that workers receive clear information about their pensions pots.

Legislation currently requires pension schemes to provide annual information and illustrations to scheme members about their pension pots. We are considering how members should be informed of the costs and charges that effect their pension savings.

As part of the review of automatic enrolment we are looking at where more effective engagement could drive greater personal ownership and enable people to understand and maximise their savings. This review is due to report to Parliament at the end of the year.