Pension Transparency

EDM number 77 in 2016-17, proposed by Gregory Campbell on 24/05/2016.
Categorised under the topic of Pensions.

That this House notes recently reported comments by the Chief Economist at the Bank of England that, while he considers himself to be moderately financially literate, he confessed to not being able to make the remotest sense of pensions; expresses alarm that a senior Bank of England economist is reported as making this comment while working people have to try and make sense of their own pension preparations; and calls on the Chancellor of the Exchequer to introduce radical reform, openness, simplicity and transparency so that millions of UK citizens can more adequately prepare for their own retirement.

This motion has been signed by a total of 15 MPs.