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Pensioners could face new bank account inspections as the Government cracks down on benefit fraud. The new powers, which are being considered, would see banks handing over customer data to the Department for Work and Pensions (DWP) if there are concerns that the claimant does not meet the eligibility criteria for their benefits. Some MPs have said the proposed legislation paves the way for snooping and a “step too far”. It comes as DWP figures suggest an estimated £8bn a year is lost to fraud and overpayment. Current laws only allow the DWP to check someone’s bank account if they are suspected…

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