Oral QuestionDepartment for Transport

If he will make a statement on his departmental responsibilities.

Tabled: 27 January 2022Answered: 3 February 2022

Asked by

Dr Rupa Huq

LabourEaling Central and Acton

Answering Minister

the Secretary of State for Transport

Answer from Hansard

Torsten Bell

I thank my hon. Friend for his crucial question. That is exactly why we have revived the landmark pensions commission. We have to confront the reality that we are on track for tomorrow’s pensioners to be poorer than today’s. Auto-enrolment has been a huge success, with 88% of eligible employees now saving, but 45% of working-age adults, including 3 million self-employed and one in four low earners, are currently saving nothing. The commission will ensure that we build a pension system that is strong, fair and sustainable.