Manuela Perteghella

Manuela Perteghella

Liberal Democrat — Stratford-on-Avon

Speaking in the House of Commons on 23 April 2025

Debate

Pension Funds

Contribution

My hon. Friend is absolutely right. It is unfair and we need to ensure that HSBC is accountable. In correspondence with MPs, the bank states that because clawback is lawful, its policy is acceptable, but I say: lawful does not mean just. This Parliament has a duty to act when the law permits injustice. We need to modernise pension legislation to ensure that it reflects today’s values of fairness, transparency and equality. After the WASPI—Women Against State Pension Inequality—pension injustice, we must be alert to further pension scandals.

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