text_body: --- DIVISION TITLE ---
  
  Emergency Budget - Pensions
  
  --- MOTION EFFECT ---
  
  @ MP voted aye to make workplace pensions more attractive. 
  @ MP voted no to oppose measures intended to make workplace pensions more attractive. 
  
  The majority of MPs voted in favour of changes to certain workplace pensions schemes intended to enable "auto-enrolment" and make them more tax efficient.    
  
  The motion approved by MPs was:
  
  :That provision may be made about registered pension schemes.
  
  Section 2.152 of the Red Book[1], which provides the details of the budget, states:
  
  :Changes will be made to pensions tax legislation in the Finance Bill introduced in the autumn to enable the National Employment Savings Trust (NEST) to register as a pension scheme for tax purposes. Further legislation will be introduced in Finance Bill 2011 to remove tax charges on late contributions following auto-enrolment and to amend the tax rules on unauthorised borrowing by registered pension schemes. (March 2010 Budget)
  
  The coalition's programme for government[2] states:
  :We will simplify the rules and regulations relating to pensions to help reinvigorate occupational pensions, encouraging companies to offer high-quality pensions to all employees, and we will work with business and the industry to support auto enrolment.
  
  
  NEST is described on its website[3] as:
  :NEST will be a new workplace pension scheme that's being designed specifically to meet the needs of low-to-moderate earners and their employers.
  
  As one of two votes following the debate on the Emergency Budget support for this motion might be taken as general support for the budget as a whole as well as specific support for the measures related to private sector employee pensions. 
  
  * [1] [http://www.hm-treasury.gov.uk/junebudget_documents.htm June 2010 Budget Documents]
  * [2] [http://programmeforgovernment.hmg.gov.uk/pensions-and-older-people/ Coalition Programme for Government - Pensions and Older People]
  * [3] [http://www.nestpensions.org.uk/ NEST scheme website] 
  
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  