Pensions Bill

Part of the debate – in the House of Lords at 6:45 pm on 27 October 2008.

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Photo of Lord Skelmersdale Lord Skelmersdale Shadow Minister, Work & Pensions 6:45, 27 October 2008

My Lords, the noble Lord has misunderstood that part of the argument. No one is suggesting that annuities should be made illegal. Of course, annuities will continue in one form or another. What the noble Lord, Lord Fowler, I hope, and I have sought to persuade the House of is the abolition of compulsion.