Debates between Tonia Antoniazzi and Esther McVey during the 2017-2019 Parliament

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2019 Parliament

Mon 22nd Jan 2018
Private Sector Pensions
Commons Chamber (Urgent Question)

Private Sector Pensions

Debate between Tonia Antoniazzi and Esther McVey
Monday 22nd January 2018

(6 years, 3 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

This information is provided by Parallel Parliament and does not comprise part of the offical record

Esther McVey Portrait Ms McVey
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It would be an absolute disaster.

Tonia Antoniazzi Portrait Tonia Antoniazzi (Gower) (Lab)
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My constituent Michael Evans, a retired employee of Barclays, has raised serious concerns about the future of its pension fund. Given the £7 billion shortfall, is Barclays moving its liability to its investment branch in the hope that it can avoid having to cover the deficit?

Esther McVey Portrait Ms McVey
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People who are concerned about their pensions should take advice from the Pensions Advisory Service. That is the best thing they can do. Obviously, the regulator will look into any incidents that it thinks need to be investigated.

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