Clause 44 - Commencement

Part of Pension Schemes Bill – in a Public Bill Committee at 11:00 am on 4th November 2014.

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Photo of Andrew Love Andrew Love Labour, Edmonton 11:00 am, 4th November 2014

May I press the Minister on take-up? Almost everyone in the industry is, I suspect, a little less optimistic than he is. Let us say that take-up is not as high as 90%, which is one suggestion, but not as low as the Legal & General figure. A second line of defence is one mechanism that could be used to try to improve take-up. Why is he not more sympathetic to that idea?