I understand the noble Lord’s point, but that presupposes that the involvement of private equity would lead to the weakening of employers. Often it might be argued that the involvement of private equity could have the reverse impact. It is difficult to generalise on these things, although I acknowledge that there are risks associated with private equity that are not necessarily not present in other forms of investment into the corporate sector.
Was there a question about the number of schemes or the number of complaints before the Pension Protection Fund Ombudsman? I think that was raised. There is one case before the PPF Ombudsman, but that was information that was not requested. I hope I have dealt with each of the points noble Lords have raised, but if not I will be happy to try to provide further information.
Pension Protection Fund (Pension Compensation Cap) Order 2007
Proceeding contribution from
Lord McKenzie of Luton
(Labour)
in the House of Lords on Thursday, 15 March 2007.
It occurred during Debates on delegated legislation on Pension Protection Fund (Pension Compensation Cap) Order 2007.
Type
Proceeding contribution
Reference
690 c90GC 
Session
2006-07
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-15 12:46:47 +0000
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