Clause 2 - Minimum Retirement Income
Retirement Income Reform Bill
3:45 pm
Mr John Healey (Economic Secretary, HM Treasury; Wentworth, Labour)
First, I am grateful for the hon. and learned Gentleman's comments on amendment No. 42, which is designed to make a flawed Bill a little less flawed. His amendment relates to a small matter that my hon. Friend the Member for Hendon (Mr. Dismore) in particular criticised in a much wider critique on Second Reading. I am sure that my hon. Friend will welcome the fact that the hon. and learned Gentleman has listened to those comments, taken them on board and produced his amendment. Bearing in mind the official report of our discussions, I want only to ask the hon. and learned Gentleman whether he has a view on whom the Chancellor, in being given the relevant power and responsibility, ought to consult; or is the hon. and learned Gentleman content to leave that entirely up to the Chancellor?