Pensions Debate

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Department: HM Treasury

Pensions

Lord Higgins Excerpts
Thursday 26th June 2014

(9 years, 10 months ago)

Lords Chamber
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Lord Newby Portrait Lord Newby
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My Lords, the provisions relating to the guidance will be in the pension scheme Bill when it comes before your Lordships’ House. I am sure that there will be plenty of opportunity to debate those provisions at great length, to which we on this side look forward.

Lord Higgins Portrait Lord Higgins (Con)
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My Lords, is face-to-face guidance the same thing as individual guidance?

Lord Newby Portrait Lord Newby
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The answer is that it may be or it may not be, depending on what people want to do. One can envisage there being cases at workplace level, where there is a workplace scheme, where it is sensible to start off, for example, by having a collective session followed up by individual guidance. The key thing which we want to underline is that individual guidance will be available. As I said earlier, however, not everybody will want to receive it in the same way.