On behalf of my constituents in Northumberland, I wholeheartedly welcome this reform, which has been massively welcomed by those who currently have a pension. However, how will the Government ensure that most small and medium-sized enterprises offer defined-ambition pensions? There is a degree of concern, which is legitimately held, that the safer defined-contribution pensions, in which there is little or no risk, will continue to be offered, thereby reducing the impact of the defined-ambition pension. What are the incentives?
Pension Schemes Bill
Proceeding contribution from
Guy Opperman
(Conservative)
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 c200
Session
2014-15
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2014-09-17 18:15:40 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2014-09-02/14090238000160
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