Draft National Employment Savings Trust (Amendment) Order 2026 Debate
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Daisy Cooper
Main Page: Daisy Cooper (Liberal Democrat - St Albans)Department Debates - View all Daisy Cooper's debates with the Department for Work and Pensions
Draft National Employment Savings Trust (Amendment) Order 2026
Daisy Cooper Excerpts(1 day, 11 hours ago)
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Daisy Cooper (St Albans) (LD)
Broadly speaking, the Liberal Democrats support this measure. However, we note that an assessment by the Department for Work and Pensions suggests that 77% of NEST members are likely to change their behaviour: a huge number of people will be looking for advice.
As the Minister will be aware, one of the many amendments tabled by the Liberal Democrats to the Pension Schemes Bill called for free, impartial advice to be made available to those people when they are looking at their pensions and other issues. I invite the Minister to say a few words on whether the Government believe that the guidance infrastructure is sufficient for the members of this scheme and others to access the free, impartial advice that they need when making such big decisions.