Anna Dixon

Anna Dixon

Labour — Shipley

Speaking in the House of Commons on 22 April 2025

Debate

Retail Investment

Contribution

My hon. Friend makes excellent points about the older generation and their decision making on what to invest in. At the moment older people are often over-saving, particularly in cash ISAs or very low-risk products, because of the lack of funded social care. They are having to hold on to a lot of cash just in case they need to pay for care. Does my hon. Friend agree with me that better advice is needed for pensioners to make retail investment decisions, and a better range of products is needed that will deliver them security in old age in terms of social care, but also the returns in pension income?

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