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Lord Sikka (Lab)

Speaking in the House of Lords on 18 December 2024

Debate

Pension Review: Phase 2

Contribution

My Lords, we live in a country where 50% of the population own less than 5% of wealth and the poorest 10% own just 0.02%. What plans do the Government have to improve the share of wealth of a substantial part of the population to enable them to save for a private pension? Surely such things cannot be left to the market.

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