The Minister talks about poor value for money, but essentially is the problem not the private pensions market? A universal state scheme would be incredibly efficient, give much better value for money and could be underwritten by Government. Such a system would make it possible to have defined benefits as well as defined contributions, and would be infinitely better for everyone involved.
Pension Schemes Bill
Proceeding contribution from
Kelvin Hopkins
(Labour)
in the House of Commons on Tuesday, 2 September 2014.
It occurred during Debate on bills on Pension Schemes Bill.
Type
Proceeding contribution
Reference
585 c197 
Session
2014-15
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2014-09-17 18:15:40 +0100
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