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Member

Speaking in the House of Lords on 23 February 2026

Debate

Pension Schemes Bill

Contribution

A National Audit Office report in 2023 clearly demonstrated that the GAD failed to inform closed-section pensioners of the loss of Treasury backing in transferring their benefits from the UKAEA to the AEAT pension scheme. This authoritative report was the first to bring all the facts together, which is why previous Governments had not treated the case more seriously. Later in 2023, a Public Accounts Committee investigation found that pensioners had not only been misled but lost money as a result. It also found that no government department had taken responsibility and that pensioners had been passed from pillar to post, as well as having no route for appeal—neither a Whitley council nor an ombudsman.

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