Clause 58

Part of Pensions Bill – in a Public Bill Committee at 12:15 pm on 5th February 2008.

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Photo of Nigel Waterson Nigel Waterson Shadow Minister, Work & Pensions 12:15 pm, 5th February 2008

The Minister has been helpful, for a change. Is he convinced that the European regulations are directly relevant here? The Government are not proposing to give grants to a manufacturer of aircraft wings or whatever. The personal accounts system will not be competing in any sense with any similar organisation in other European member states, so I wonder how relevant the European dimension is to this situation.