Retirement Income Reform Bill
2:00 pm
Dr Vincent Cable (Twickenham, Liberal Democrat)
Yes. The hon. and learned Gentleman makes a valid point. I was not using the intervention to develop a critique of the paper, but to underline the fact that there is broad acceptance that we are moving into a world in which people work longer and pensions are taken on a more flexible basis. Therefore, we need to consider annuities afresh.