Torsten Bell

Torsten Bell

Labour — Swansea West

Speaking in the House of Commons on 3 February 2025

Debate

Pensions Regulator: Economic Growth

Contribution

That is an important question. The Pensions Regulator does recognise its important role in supporting growth; indeed, it has statutory duties not just to protect savers but to minimise the impact on the growth of employers. Superfunds have an important role to play in ensuring that we have larger pension funds that are able to invest in a wider range of assets. As the hon. Gentleman says, on an interim basis the Pensions Regulator has authorised one such fund, but we will take measures in the pension schemes Bill to make further progress in this regard.

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