Speeches sourced from the Labour party’s online archive More…

Gregg McClymont MP, Labour's Shadow Pensions Minister, responding to reports that the implementation of the flat-rate state pension will be delayed until 2017, said:

"The chaos surrounding the government's relaunch gets worse and worse. These pensions proposals are just half a plan yet they are still delayed by a year.

"With the granny tax, this government has already established a track-record of incompetence and secrecy so we will look at the detail, but the government should come clean immediately and set out exactly who the losers are.

"Sensible pensions reform should give people confidence to save but the government has failed to ensure that private pensions will deliver value for money, and what they are announcing this week is only a half-reform. Only Labour have set out plans for reform to create pensions people can trust."

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