Clause 29 - Automatic transfer of pension benefits etc

Part of Pensions Bill – in a Public Bill Committee at 2:00 pm on 9 July 2013.

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Photo of Mark Reckless Mark Reckless Conservative, Rochester and Strood 2:00, 9 July 2013

Would the model proposed of forcing very large numbers of people to transfer their savings in current private providers into a small number of huge aggregators not have certain attractions, if one intended it as the prelude to nationalisation?