Proceeding contribution from Mike O'Brien (Labour) in the House of Commons on Monday, 7 January 2008. It occurred during Debate on bill on Pensions Bill.
Pensions Bill
There will be widespread competition with the private sector—those who currently provide various schemes. We hope that they will continue to do that. The idea of personal accounts is that they will complement rather than compete with current provision. We want the current provision to stay and we expect many people who benefit from automatic enrolment to be automatically enrolled not into personal accounts but into the private pension scheme that the employer is currently running.
Secondary information
- Type
- Proceeding contribution
- Reference
- 470 c123
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Costs Advisory services Women Pension credit Personal income Workplace pensions Poverty Pensions Personal pensions Means-tested benefits Pension funds State retirement pensions Small businesses Reform National employment savings trust scheme
- Legislation
- Pensions Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2025-01-13 13:08:37 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_431628
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