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Hague in bid to alter stakeholder

Tory leader William Hague has tabled a House of Commons motion calling for

the annulment of the Government&#39s stakeholder pension regulations.

The move by the Conservatives is seen as the party&#39s last opportunity to

ensure its concerns about the proposals are raised. The Tories say because

of the way stakeholder has been introduced by the DSS, it will not undergo

the normal degree of Parliamentary scrutiny.

Under Parliamentary procedure, the only way the Tories can force a debate

on the matter is to call for its annulment. A party spokesman is quick to

make it clear that they do not advocate scrapping the proposals but believe

they need some serious rethinking.

The debate will be led by either pension spokeswomanJackie Lait or DSS

spokesman David Willets. The next day available for such a debate is next

Thursday and political observers say it is likely it will happen then.

Lait says: “This is our last opportunity to voice our concerns. We do not

have a problem with the concept of stakeholder but we do have problems with

the details.”

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