Short title and commencement

Part of Savings (Government Contributions) Bill – in a Public Bill Committee am 9:25 am ar 1 Tachwedd 2016.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Ian Blackford Ian Blackford Shadow SNP Spokesperson (Pensions) 9:25, 1 Tachwedd 2016

I apologise for coming back to this, but it is critical. My real worry is that there is nothing that will prevent someone from taking out a LISA and perhaps not taking out an automatic enrolment pension, when the latter would be best for their financial interests. My real concern with the LISA and its consequences is that we will end up with savers putting money into products that are, in this case, not fit for purpose.