The proposal in new clause 1 is that people should be auto-enrolled into an appointment—that everyone should be given an appointment. That would have the effect, I believe and submit, of very significantly increasing the number of people who access Pension Wise. Pension Wise is a very good service. It is funded by an industry levy. Nine out of 10 of those who use it report high or very high satisfaction—that is a pretty impressive level of satisfaction—but it is hidden away from most people. Lots of people have never heard of it.
Pension Schemes Bill [Lords]
Proceeding contribution from
Stephen Timms
(Labour)
in the House of Commons on Monday, 16 November 2020.
It occurred during Debate on bills on Pension Schemes Bill [Lords].
About this proceeding contribution
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684 c63 Session
2019-21Chamber / Committee
House of Commons chamberSubjects
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2024-04-29 18:18:12 +0100
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