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Proceeding contribution from Baroness Hollis of Heigham (Labour) in the House of Lords on Thursday, 3 March 2011. It occurred during Debate on bill and Committee proceeding on Pensions Bill [HL].


Pensions Bill [HL]

That is helpful and I understand the issues associated with it, but can the Minister give us some guidance on the timescale? This is a problem now, as my noble friend said. Women, in particular, are low-income savers and have small pots which they are losing. They are being stolen from them with nobody being a thief but with women certainly being the victims. Given that this Bill is still going through this House and will then go on to the other place, presumably once it has finished the Welfare Reform Bill, the noble Lord has until June or July or some time like that before the Pensions Bill completes its passage through both Houses. Can he come up with some proposal by the summer in which we can corral these small pots so that they are not lost permanently to those who can least afford to lose them?


Secondary information

Type
Proceeding contribution
Reference
725 c238GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
Subjects
Women Employees' contributions Employers' contributions Personal income Low incomes Workplace pensions Pensions Temporary employment State retirement pensions Self-employed National employment savings trust scheme
Legislation
Pensions Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk