M

Member

Speaking in the House of Lords on 3 February 2026

Debate

Pension Schemes Bill

Contribution

Removing this condition would not weaken member protection; trustees would still be required to demonstrate improved member outcomes, stronger funding and the ongoing viability of the superfund. What it would do is allow genuine choice rather than a forced hierarchy of options. Trustees’ legal duty is to act in members’ best interests, not to exhaust every theoretical alternative before selecting the option that best secures benefits in practice. I therefore strongly support probing the Government on this point, and I look forward to the Minister’s response.

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