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Proceeding contribution from Lord Hutton of Furness (Labour) in the House of Commons on Thursday, 25 May 2006. It occurred during Ministerial statement on Pensions Reform.


Pensions Reform

I am grateful to my hon. Friend. Again, it is very difficult to offer a precise estimate, but several hundred thousand self-employed people might choose to enrol in the NPSS. Obviously, they cannot be enrolled automatically as, by definition, there would be no employer contribution on their behalf. The estimate that I have given is not an exact science, but we are clear that self-employed people should have the right to invest pension savings in the low-cost personal accounts if they want to.


Secondary information

Type
Proceeding contribution
Reference
446 c1670 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Age Women Insolvency Financial assistance scheme Index linking Pension credit Workplace pensions Pensions State retirement pensions Reform Retirement Average earnings Pensions Commission
Link
View this Proceeding contribution on www.publications.parliament.uk