M
Member
Speaking in the House of Lords on 4 February 2026
Debate
English Devolution and Community Empowerment BillContribution
Finally, Amendment 150 seeks to test the workability of requiring scheme managers to participate in an asset pool company, either as shareholders or through mandatory contractual arrangements. How does this affect scheme managers’ flexibility? How does it sit with their fiduciary duty to act solely in the interest of scheme members? Is participation in asset pool companies appropriate in all cases, particularly as pooling arrangements continue to evolve?
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