Oral Answers to Questions

Mike Freer Excerpts
Monday 20th May 2013

(10 years, 11 months ago)

Commons Chamber
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Mike Freer Portrait Mike Freer (Finchley and Golders Green) (Con)
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One of the barriers to pension planning is uncertainty. Does the Minister agree that auto-enrolment and the single-tier pension will give the certainty that both pensioners and the pension industry need?

Steve Webb Portrait Steve Webb
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My hon. Friend is right: we cannot build a building on an uneven foundation. That is why we had to get state pension reform right with a single, simple, predictable state pension. That makes private saving and automatic enrolment far more effective, and I am grateful for his support for that principle.