Speeches sourced from the Labour party’s online archive More…

Gregg McClymont MP, Labour's Shadow Pensions Minister, responding to reports that proposals for a new pensions industry code will not include moves to set out a single figure telling employers and employees exactly how much pensions cost, said:

“Labour has repeatedly called for all pensions costs to be disclosed. Yet while we’ve heard plenty from Ministers, this leaked code shows the Government are getting nowhere on creating transparent pensions people can trust.

“Ministers must now act on hidden costs and charges to ensure that British savers get a fair deal.”

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