I am grateful to the Minister, but this is an important point. Will he explain to the House why he thinks it is right to encourage people to invest in the lifetime ISA rather than in a pension, given that a pension will give a better return, as has been demonstrated in the figures, such as the one I cited of a 32% difference over a 40-year period? Why are the Government being misguided and prioritising ISAs over pensions?
Savings (Government Contributions) Bill
Proceeding contribution from
Ian Blackford
(Scottish National Party)
in the House of Commons on Monday, 17 October 2016.
It occurred during Debate on bills on Savings (Government Contributions) Bill.
About this proceeding contribution
Reference
615 c638 Session
2016-17Chamber / Committee
House of Commons chamberSubjects
Librarians' tools
Timestamp
2018-08-16 12:10:08 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2016-10-17/16101732000035
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2016-10-17/16101732000035
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2016-10-17/16101732000035