Pension Schemes Bill [ Lords ] (Second sitting) Debate

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Department: Department for Work and Pensions

Gareth Davies

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Pension Schemes Bill [ Lords ] (First sitting)

Pension Schemes Bill [ Lords ] (Second sitting)

Gareth Davies Excerpts

Environment Bill (Ninth sitting)
Committee stage & Committee Debate: 2nd sitting: House of Commons
Tuesday 3rd November 2020

(3 years, 5 months ago)

Public Bill Committees
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Read Full debate Pension Schemes Act 2021 View all Pension Schemes Act 2021 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Public Bill Committee Amendments as at 3 November 2020 - (3 Nov 2020)
Gareth Davies Portrait Gareth Davies (Grantham and Stamford) (Con)
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Does the Minister agree that if we look around the world at where commercial transactions have been incorporated into dashboards—for example, in Israel and Denmark—we see that there have been no cases of mis-selling, so any risks spoken about in this debate are somewhat overblown, given that there is no precedent?

Guy Opperman Portrait Guy Opperman
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I am grateful to my hon. Friend for that point. That does not mean to say that we do not have a regulatory system that ensures that there are protections, but the nature of a dashboard and international examples definitely suggest that this is an empowerment and an assistance to individual consumers.

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