I would like to thank…
The consumer organisation Which? has been a constructive supporter of our proposals for personal accounts - designed to tackle the real problem of people not saving enough for retirement.I believe very strongly that the consumer should be at the heart of policy-making. I don’t think there’s any contradiction between designing a scheme that’s good news for consumers, while also providing support for the pensions industry. Personal accounts can achieve both those goals.
I was delighted when Which? asked me to accept a consumer champion award for the Government’s proposals on personal accounts. But, in truth, this award was very much a tribute to the hard work of everyone who has contributed to developing the policy and creating a consensus around our proposals. Much credit must go to the Pensions Commission for coming up with the model on which personal accounts is based but I would also like to thank Which? and other organisations including the EOC, TUC, Age Concern, and Help The Aged - who have all been real champions of the scheme, and played such a vital role in developing that consensus.
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This entry was posted on Thursday, June 28th, 2007 at 1:16 PM by James Purnell and categorized in General posts.