Pension Schemes Bill [Lords]

Debate between Richard Graham and Neil Gray

Report stage & 3rd reading & 3rd reading: House of Commons & Report stage: House of Commons
Monday 16th November 2020 Commons Chamber

[Richard Graham]

The hon. Gentleman is making a point that a number of us made earlier. I notice that in the Committee, on which the hon. Gentleman served, the Minister responded pretty clearly by saying:

“Open schemes with a strong sponsoring employer that are immature and have managed their risk appropriately should not be forced into an inappropriate de-risking journey.”––[Official Report, Pension Schemes Bill [Lords] Public Bill Committee, 5 November 2020; c. 80.]

I found that quite reassuring; what does the hon. Gentleman think?

[Neil Gray]

I was just coming on to quote that very passage from the Minister in Committee—