Lord Watts
Main Page: Lord Watts (Labour - Life peer)
Baroness Williams of Trafford
My noble friend raises an important point because pooling certainly has the potential to make the management of our pension funds more efficient. However, we also have to look at how we can maximise some of the returns for beneficiaries.
Lord Watts (Lab)
My Lords, can the Minister categorically deny that the Treasury will try to influence these decisions? That is the concern. What will be the Treasury’s role in investment strategy?