Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what new financial savings products have been introduced by third party companies to support people in receipt of universal credit.

A range of financial support is offered as part of the Universal Support framework which is delivered by jobcentres and local partners, such as Local Authorities, to help claimants manage their claim or award of Universal Credit.

The department also works with the financial industry to develop products to support claimants.