I support this amendment simply in terms of the general purposes of this excellent Bill. We are trying to change people’s habits and deal with those who, first, do not have the habit of saving because perhaps they feel that they are not able to save, and, secondly, are ill-equipped with the technicalities of financial administration in terms of managing their own affairs. There is a point in trying to be as helpful as possible to those who may not open a gateway saving account because it is not the way they have done things before. The Bill might be assisted if we took account of this proposal.
Saving Gateway Accounts Bill
Proceeding contribution from
Lord Morgan
(Labour)
in the House of Lords on Thursday, 2 April 2009.
It occurred during Debate on bills
and
Committee proceeding on Saving Gateway Accounts Bill.
About this proceeding contribution
Reference
709 c304GC Session
2008-09Chamber / Committee
House of Lords Grand CommitteeSubjects
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2024-04-22 02:29:10 +0100
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