Pensions Bill

I am grateful to the hon. Gentleman for paving the way for the next part of my speech, in which I will discuss our support for the citizen’s pension, and the problems that will arise from building a future pension systems on the sandy, unsound foundations of the basic state pension system, even after the reforms. We have spelled out many times that although we agree with the Bill’s principles, and although we believe that it heads in the right direction, we have major concerns that it will not deliver a decent foundation pension, and about the extent of means-testing. The hon. Gentleman shares many of those concerns, and I have often been on public platforms with him when he expressed anxieties about means-testing. The truth of the matter, as we discovered this evening, is that he is not prepared to do anything about it, as his aspiration is to deal with the issue in 20, 30 or 40 years’ time. It is a serious problem, however, so the time scale of such an aspiration is not satisfactory.