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Pensions

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons at 2:30 pm on 8 October 2007.

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Photo of David Tredinnick David Tredinnick Conservative, Bosworth 2:30, 8 October 2007

I am disappointed to hear that reply. When the Prime Minister was Chancellor, he was responsible for complicating occupational pension schemes to such an extent that many of them were shut down by the trustees.

On another point, will the hon. and learned Gentleman explain why the unclaimed assets fund is being used only for youth projects? None of that money is going towards helping those pensioners who suffered so much through the failure of the schemes.

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