Clause 3 - Duty of employers to facilitate access to SaRA schemes
Rights of Savers Bill
3:00 pm
Stephen Timms (Minister for pensions, Department for Work and Pensions; East Ham, Labour)
I welcome and am interested in the fact that the right hon. and learned Gentleman has moved amendment No. 20. My impression on Second Reading was that he was resistant to that change, but he has clarified that position. The amendment helps to draw attention to a difficulty. We all acknowledge that people who work for small businesses and those who are self-employed have disproportionate pension provision. I welcome the amendment because it is easing a burden on small businesses, a point that I made on Second Reading. However, it does not help us to incorporate into pension provision many of the large number of people who currently do not have access to it.