Member

Pension adequacy has been raised again and again in this House and elsewhere since this Government took office. We are told it is a priority, yet the Pension Schemes Bill does nothing directly to improve adequacy, and this Bill risks worsening it. To proceed without independent scrutiny would not be merely imprudent; it would be irresponsible. This amendment gives the Government an opportunity to demonstrate that they are not legislating in the dark, and I urge the Minister to support it.