Oral Answers to Questions

Debate between Guy Opperman and Marcus Fysh

Monday 26th March 2018 Commons Chamber

[Mr Marcus Fysh (Yeovil) (Con)]

9. What discussions she has had with the Chancellor of the Exchequer on prohibiting cold-calling in relation to pension fund transfers.

[The Parliamentary Under-Secretary of State for Work and Pensions (Guy Opperman)]

The Secretary of State, Treasury Ministers and I hold regular discussions on this topic as part of our work on the Financial Guidance and Claims Bill, which spans both Departments’ policy areas.

[Mr Fysh]

Given the importance of pensions and the many changes that have occurred under successive Governments, what proactive steps can the Department take now to ensure that my constituents and others are kept up to date and informed about their own pensions and the options available to them?

[Guy Opperman]

Pensions guidance is a vital part of the work that the Government are doing. We are committed to ensuring that people have access to the information and guidance that they need to make effective financial decisions. My hon. Friend will be aware that we are debating the Financial Guidance and Claims Bill in the House tomorrow. I urge him to come and listen to the positive developments in that Bill.