Pensions — Question

Part of the debate – in the House of Lords at 11:30 am on 12 December 2013.

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Photo of Lord Phillips of Sudbury Lord Phillips of Sudbury Liberal Democrat 11:30, 12 December 2013

My Lords, would the Minister not accept that, after the latest in an apparently endless series of disillusioning revelations about the cynicism of too many parts of the financial sector in particular, it is about time that we as a Parliament, and indeed the Government, made clear to the people of this country that there is a limit to what we can do in these issues? They bear on profound moral issues. Perhaps the time is right for us to, in effect, throw the ball back into the court of Mr and Mrs Britain and call upon them to exercise their own, individual moral autonomy and power to effect some sort of reformation of what is becoming a very depressing state of affairs.