Pension Schemes: Universities

Lord Lexden Excerpts

Thursday 7th September 2017 Lords Chamber

[Viscount Younger of Leckie]

I am not an expert in pension schemes, but let us hope that is the case. It is one of many parameters that one has to take account of in managing pension schemes.

[Lord Lexden (Con)]

Does my noble friend agree that several university vice-chancellors should be paid much more than our Prime Minister?

[Viscount Younger of Leckie]

I am not going to be drawn into commenting on that. I will only repeat what I said earlier, which is that universities are being strongly encouraged to show restraint in the amount of remuneration they set their staff.