On 8 November, the Treasury Committee announced the launch of a new inquiry that will examine problematic indebtedness, inter-generational issues, lifetime financial planning and the effectiveness of the market in financing solutions and products to low income households.
The Chair of the Treasury Committee, Rt. Hon. Nicky Morgan, indicated that the scope will include:
- what policies could support households in achieving appropriate levels of saving; and
- the sustainability of the UK’s household debt and consumer credit.
Written submissions are being accepted until 31 December 2017.