Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what assessment her Department has made of the potential impact the Pension Schemes Bill on the savings of people in (a) Dunstable and Leighton Buzzard constituency and (b) East of England.

The Pension Schemes Bill could mean nationally an average earner saving over their career may have around £29,000 more in their Defined Contribution pension pot at retirement. In total, around 20 million savers could benefit from the Bill and around 2 million are estimated to be in the East of England. Breakdowns by constituency are not available. See page 52-53 of the Pension Schemes Bill Impact Assessment for further details.