Proceeding contribution from Lord Oakeshott of Seagrove Bay (Liberal Democrat) in the House of Lords on Monday, 11 June 2007. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.
Pensions Bill
What is the Minister’s latest estimate of when the Government will propose the level of cap? On these Benches we are keen on a higher rather than lower level. It is more important that people should not be discouraged from saving, even through this scheme. We are not unduly worried about the risk of so-called unfair competition, but we are concerned about people who may have erratic earnings patterns, for whom this scheme will be particularly designed, and we do not want them to be discouraged from putting a reasonable lump into it when they have a good year.
Secondary information
- Type
- Proceeding contribution
- Reference
- 692 c1540-1
- Session
- 2006-07
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disclosure of information Data protection Costs Annuities Allowances Civil service Advisory services Conflict of interests Women Equality Finance Families Freedom of information ICT Information Discrimination Misconduct Private sector NHS Low incomes Northern Ireland Pay Public appointments Workplace pensions Pensions Public sector Public participation Standards Teachers Small businesses Tax allowances Pensions Commission Gender impact assessment Personal Accounts Delivery Authority Pensions Advisory Service National employment savings trust scheme
- Legislation
- Pensions Bill 2006-07
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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