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Pensions

09 February 2021

Lead MP

Guy Opperman

Debate Type

General Debate

Tags

Crime & Law EnforcementClimateBenefits & WelfareParliamentary Procedure
Other Contributors: 8

At a Glance

Guy Opperman raised concerns about pensions in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
Welcomed the new shadow Ministers to their posts and introduced the draft Guaranteed Minimum Pensions Increase Order 2021, which is required by section 109 of the Pension Schemes Act 1993. The order provides inflation protection for the guaranteed minimum pension part of an occupational pension built up between 1988 and 1997, with a proposed increase of 0.5% in line with the consumer prices index assessment from October 2019 to September 2020.

Government Response

Crime & Law EnforcementClimateBenefits & WelfareParliamentary Procedure
Government Response
Responded to various points raised by shadow ministers, committee chairs, and other Members regarding pensions legislation, DB support, climate change integration into pensions, pension scams, overseas pension uprating policies, and pension credit take-up. Highlighted the Government’s ongoing efforts and legislative intentions.

Shadow Response

Matt Rodda
Shadow Response
Supported the measure but emphasised the need for a wider context, highlighting various challenges and advocating for better regulation of pension schemes, safeguarding public dashboards from exploitation, ending scams, assessing climate risk in investments, encouraging take-up of benefits like pension credit and free TV licences.
Assessment & feedback
Summary accuracy

About House of Commons Debates

House of Commons debates take place in the main chamber of the House of Commons. These debates cover a wide range of topics including government policy, legislation, and current affairs. MPs from all parties can participate, question ministers, and hold the government accountable for its decisions.