Skip to main content

Proceeding contribution from Baroness Hollis of Heigham (Labour) in the House of Lords on Thursday, 10 July 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.


Pensions Bill

That is a crucial point. The noble Lord says that he does not want personal accounts to crowd out; in the abstract, they cannot crowd out anything—people have to take action. Who does he think will permit a personal account to crowd out a good scheme other than an employer, presumably? He seems to be suggesting that employers will level down—that is what crowding out means.


Secondary information

Type
Proceeding contribution
Reference
703 c930 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Crimes against humanity Finance Fees and charges Investment Employment agencies Genocide Index linking Personal savings Low incomes Public appointments Workplace pensions Pensions Migrant workers Temporary employment Shipping War crimes Personal Accounts Delivery Authority National employment savings trust scheme
Legislation
Pensions Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk