M
Member
Speaking in the House of Lords on 19 January 2026
Debate
Pension Schemes BillContribution
Insolvency law will be changed; it is applied at the moment. We have the Insolvency Service as the regulator, which oversees the application of insolvency law. Having an extra creditor category is for the employers that leave a pension scheme in deficit and go bankrupt within, say, five or 10 years of taking a surplus. That is okay.
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