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Consultation clause added to Pensions Bill

The pensions secretary made a late addition to the government's flagship savings legislation as he presented it to the Commons yesterday.

In a bid to placate critics who fear the Pensions Bill is not tough enough, Andrew Smith added a clause insisting on employer consultation with staff before workplace savings schemes are changed.

Published: Wed, 3 Mar 2004 07:53:20 GMT+00

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FT - page 4 | Mirror - page 20