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GOVERNMENT POLICY CAN SERIOUSLY DAMAGE THE HEALTH OF YOUR PENSION FUND - OAKESHOTT
4.59.19pm BST (GMT +0100) Mon 19th May 2003
Lord (Matthew) Oakeshott, Liberal Democrat Pensions Policy Spokesman in the House of Lords, commenting on proposals to require company pensions documents to carry "health warnings", said:
"We've been waiting for six weeks for the Government to appoint its sixth Pensions Minister in 5 years. During this time, grave warnings issued by pensions experts in response to the Pensions Green Paper have sat in the Ministerial in-tray."
"The real threat to a healthy future for pensions is not from company schemes, but from the Government's meanness on the basic state pension, its tax on private pension funds' dividends and paralysis in its private pensions policy."
"ENDS
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[Other news stories from May 2003 (38)]
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[INDEPENDENT MONETARY POLICY COMMITTEE APPOINTMENTS, NOT "CALLS FROM BALLS" - OAKESHOTT]
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[NEW PENSION PROTECTION FUND COULD BE A CRUEL DECEPTION - WEBB ]
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