Local Government Pension Scheme Debate

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Local Government Pension Scheme

Stephen Doughty Excerpts
Monday 24th October 2016

(7 years, 6 months ago)

Westminster Hall
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Ian Blackford Portrait Ian Blackford
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I will give way first to the hon. Member for Cardiff South and Penarth (Stephen Doughty).

Stephen Doughty Portrait Stephen Doughty (Cardiff South and Penarth) (Lab/Co-op)
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I thank the hon. Gentleman for giving way and agree with much of what he has said and indeed with the comments of my hon. Friend the Member for Torfaen (Nick Thomas-Symonds).

I, too, have been contacted by many members of the local scheme and by representatives of Unison, the trade union, who have great concerns about the undemocratic way in which they see the process going forward, and indeed concerns about the process that the Government have used. Whatever their individual views might be on where investment should or should not go, and on whether that is for economic, financial or ethical reasons, the process seems to them to be fundamentally undemocratic.

Ian Blackford Portrait Ian Blackford
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Again, I find myself in agreement with that. The Government should reflect on the consultation that is taking place and, hopefully, on the voices that will be raised today, because they have to take on board that, in making the changes that they are talking about, they need that wide body of support.