Clause 5 - Regulator's objectives
Pensions Bill
2:45 pm
Mr Nigel Waterson (Eastbourne, Conservative)
Thank you, Mr. Griffiths. It is difficult to make a point against this barrage of electronic noise. I am not very technologically advanced, but in my experience most of these things have an off button, if only it can be found.
I was making an important point, to which we should return again and again, about whether there are two aims for the Government, and whether the second aim, which we would support wholeheartedly, is to encourage employers not only to keep these schemes open to new members, but to open new ones. There was a barrage of media interest and excitement the other day when Electricité de France opened a new final salary scheme.