M
Member
Speaking in the House of Lords on 12 January 2026
Debate
Pension Schemes BillContribution
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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