Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, if he will make an assessment of the potential merits of index linking pension payments of failed pension schemes under the (a) Financial Assistance Scheme and (b) Pension Protection Fund.

While all pensions legislation is kept under review as a matter of course, there are currently no plans to amend (a) the Financial Assistance Scheme rules on indexation or (b) the Pension Protection Fund rules on indexation. These are complex matters and require careful consideration before any changes are made.