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Proceeding contribution from Danny Alexander (Liberal Democrat) in the House of Commons on Wednesday, 18 April 2007. It occurred during Debate on bill on Pensions Bill.


Pensions Bill

Thank you, Mr. Deputy Speaker. As the hon. Member for Northampton, North (Ms Keeble) knows, in the context of the Welfare Reform Bill, the Government have been considering how to make sure that it is worth people’s while to go to work. The point of our amendment to the Pensions Bill is to ensure that objective information is provided both about the proportion of people in means testing, which includes pension credit, council tax benefit and housing benefit, and about the returns they are likely to receive, so that people can decide whether it is worth their while to save. Some people could be worse off if they chose a personal account, so it would be irresponsible to advise them to pay into one.


Secondary information

Type
Proceeding contribution
Reference
459 c379 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Compensation Carers Assets Age Annuities Eligibility Insolvency Financial assistance scheme Pension credit Personal savings Low incomes Protection Pay Workplace pensions Pensions Payments Personal pensions Means-tested benefits Pension funds Pension Protection Fund Pension rights State retirement pensions Reform Uprating Personal Accounts Delivery Authority State second pension
Legislation
Pensions Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk