PENSIONS (No 2)

Motion Text

That this House is extremely concerned at the current crisis in occupational pensions for which the Government must bear its share of responsibility; is concerned at the growing number of schemes which are closing to new members; is worried at the size of the deficits in major pension schemes; regrets the lack of interest from young people in making provision for their retirement; and calls upon the Government to recognise belatedly that there is a pensions crisis and to take action to improve incentives to save for the future.