Oral Answers to Questions Debate

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Department: Department for Work and Pensions

Oral Answers to Questions

Alan Mak Excerpts
Monday 27th March 2017

(7 years, 1 month ago)

Commons Chamber
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Lord Harrington of Watford Portrait Richard Harrington
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I know that the hon. Gentleman has read the Cridland report in detail, and I thank him for doing so. It will suffice to say that the Government’s response will be published at the end of May and will be comprehensive. As far as the WASPI women are concerned, he knows—I have said this many times at this Dispatch Box and elsewhere—that the Government have made the concession that they are going to make in terms of transitional arrangements from the Pensions Act 1995. I have no further news. That is it.

Alan Mak Portrait Mr Alan Mak (Havant) (Con)
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Reducing fees and charges levied by pension companies is important to helping customers to get the most from their investments. Will the Minister update the House on what progress has been made in that area?

Lord Harrington of Watford Portrait Richard Harrington
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My hon. Friend and I have discussed the matter, and I am pleased that he has highlighted it. There has been consultation on the subject, and the Government will make an announcement ourselves and through the regulator very soon.