P216 CEEFAX 2 216 Sun 01 Dec 23:55/38 1/2 NEW PENSION SCHEME ON LABOUR'S AGENDA A Labour govjrnmjnt would introduce a pension scheme aimed at providing a higher retirement income. Shadow Pensions Minister John Dinham said the new retirement income would be higher than a typical personal pension. Speaking at a conference the minister said Labour's proposal "will bring security in retirement within reach of many who are denied it today". Labour's proposal would bj aimed at those who do not have the opportunity to join an occupational pension scheme. National Savings 257 Sport 300 Front page 100 TV 600 Next News ShawShare YourMonjy Main MenuP216 CEEFAX 2 216 Sun 01 Dec 23:51/28 2/2 NEW PENSION SCHEME ON LABOUR'S AGENDA Labour is planning a new pension scheme w(ich would provide a higher retirement income than personal pensions. The "stakeholder pension" would opjtate alongside the basic state pension. It is based on the investment of contributions into collective schemes. And bjcausj they are collective - multi-employer and multi-mjmbet - they will have low ovjtheads. The pension "offers bjttet benefits to all ages and earnjts", says Labour. National Savings 257 Sport 300 Front page 100 TV 600 Next News ShawShare YourMonjy Main Menu