State Pension Age for Women
Debate between Jo Swinson and Julian Knight(7 years, 5 months ago)
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Julian Knight (Solihull) (Con)
It is a pleasure to serve under your chairmanship, Sir Edward. I had a very long speech—but that will now become a very short speech.
I want to make one particular point. I was a personal finance journalist, writing about pensions, for about 15 years; also, my mother is one of those affected by the changes. She was informed about them, but she found out relatively late, and I have many constituents in the same position.
I accept and genuinely believe that over the past 13 years—remember, the Labour Government saw through the majority of this—Governments have fallen down on the job of informing people directly, as they should have done. There was some discussion in the personal finance press—I know that because I used to write about it—but now Labour are coming along and saying, “Everything is terrible under the Conservatives”, or whatever. They were in charge for 13 years during the period in question.
Julian Knight
I will not give way, I am afraid, as I am short of time.
My other point is that the current state pension arrangements will have to rise as well. When we meet those issues in the future, we have to get them right because this country is heading for an enormous black hole. The figures are frightening—absolutely frightening. People talk about £30 billion here, £30 billion there, but the reality is that if the Opposition parties want to form a Government in the future, they will have to accept that the pension system in this country needs continued radical reform. If they do not do so, and continue grandstanding, taking on policies and ignoring their own past errors, that is not going to do any good whatever.
In 2003, the Turner commission report—