TRUSTPOLITICS
M

Member

Speaking in the House of Lords on 19 January 2026

Debate

Pension Schemes Bill

Contribution

I appreciate the concerns held regarding the security of member benefits. I want to reassure the Committee that the Government are clear that members’ promised pensions should never be at risk. Trustee discretion of a surplus pension release is in accordance where their fiduciary duties and the statutory safeguards that we are bringing forward in this Bill, and those will ensure that the scheme strength is not compromised.
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