M

Member

Speaking in the House of Lords on 12 January 2026

Debate

Pension Schemes Bill

Contribution

But what is this? Subsection (6) prevents that because, inexplicably, a scheme cannot be in more than one pool. It is crazy. What a missed opportunity. Instead, we will have £50 billion investment pools. These are huge entities. Here, you have too much scale. The schemes are just too big to invest in the smaller British companies with great growth potential that might need a few million pounds to get to the next stage.

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