Examination of Witnesses

Part of Savings (Government Contributions) Bill – in a Public Bill Committee at 3:27 pm on 25th October 2016.

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Photo of Peter Dowd Peter Dowd Shadow Financial Secretary (Treasury) 3:27 pm, 25th October 2016

Q Can I pick up that last point on knowledge? That is another issue we have touched on today. In an ideal world, people have complete control of their faculties and decision making, and have capacity and so on, but out there, that does not always happen. The concern that has been expressed today is about that knowledge landscape, and people’s ability to grasp that, without it sounding patronising. Do you think that, out there in the world that this product will be sold in, there is enough information and knowledge for most people to make a reasonable decision?