Question to the Department for Work and Pensions:

To ask The Secretary of State for Work and Pensions, what estimate she has made of the number of banks and building societies that utilise a clawback feature on their occupational pensions.

The Government does not currently collect this data. Information on the number of banks and building societies that utilise a pension integration or “clawback” feature on their occupational pension is not collated centrally and could only be provided at a disproportionate cost.

No estimate has been made of the cost to the public purse of the longstanding practice of private pensions operating integrated pension scheme arrangements.