If I might comment briefly, as the amendment says, any merger has to be in the best interests of the members. It is not being forced if that is not in their best interests. I am not aware of the pace of change; what I am saying is that the industry is looking at those measures. The fundamental point is that it is in the interest of the members, not the scheme itself.
Pension Schemes Bill
Proceeding contribution from
Lord Bradley
(Labour)
in the House of Lords on Wednesday, 7 January 2015.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Pension Schemes Bill.
Type
Proceeding contribution
Reference
758 c390 
Session
2014-15
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2015-05-22 08:46:37 +0100
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