M
Member
Speaking in the House of Lords on 3 February 2026
Debate
Pension Schemes BillContribution
That is a meaningful improvement on the status quo for many schemes that would otherwise remain subscale, closed and slowly de-risking. This comes with superfund transfers, which are tightly scrutinised by the Pensions Regulator, with capital adequacy tests and member protections. Plus, as I am sure the Minister knows, superfunds can be safer than staying put, thanks to stronger capital buffers and professional risk management.
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