Draft Pension Fund Clearing Obligation Exemption (Amendment) Regulations 2025 Debate

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Department: HM Treasury

Daisy Cooper

Main Page: Daisy Cooper (Liberal Democrat - St Albans)

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Draft Pension Fund Clearing Obligation Exemption (Amendment) Regulations 2025

Daisy Cooper Excerpts
Wednesday 14th May 2025

(1 day, 22 hours ago)

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Daisy Cooper Portrait Daisy Cooper (St Albans) (LD)
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The Minister made her case very well. The Liberal Democrats recognise that there is no viable widely adopted method for pension funds to meet the CCP margin requirements without harming pension outcomes. Although we all recognise how important clearing is for broader market stability, we also recognise that enforcing it on pension funds right now could do more harm than good. In that spirit, I add our support to the cross-party agreement on the draft regulations, which will create a permanent exemption.

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