The Minister has just mentioned the regulatory regime. Has he given any thought to how we will regulate the new defined-ambition, shared-risk schemes? Presumably, if a defined-contribution scheme adds a small promise, it will trip over into being a defined-ambition scheme. The regulation would therefore move from the Financial Conduct Authority to the Pensions Regulator, and it could drop back again. Does it not look as though we need one pensions regulator to make it all make sense?
Pension Schemes Bill
Proceeding contribution from
Nigel Mills
(Conservative)
in the House of Commons on Tuesday, 2 September 2014.
It occurred during Debate on bills on Pension Schemes Bill.
Type
Proceeding contribution
Reference
585 c202
Session
2014-15
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2014-09-17 18:15:40 +0100
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