THERESA MAY was pulled up on the pot of unclaimed pensions by a Bolton MP at this week's Prime Minister's Questions.

Sir David Crausby MP for Bolton North East wanted to about the progress of a pensions dashboard to help people understand their savings. He worried too much responsibility was being given to the pension industry.

Sir David asked: "Up to £20 billion sits in pension funds unclaimed by pensioners. That is why the Pensions Dashboard, which helps people to make sense of their pensions, is such a good idea.

"So why are the Government backtracking on delivering the dashboard by putting the responsibility on the pensions industry?

"Does the Prime Minister really believe that the industry responsible for all that unclaimed money is best suited to taking control of helping pensioners to retrieve what is rightly theirs?"

Theresa May replied: "It is important people understand their pensions and what they are entitled to. That is why the Department for Work and Pensions is working with the pensions industry on this issue.

"We are not just working with them; we have actually put some money forward as part of the project to ensure that that information is there and is available to people."