Member

There are also important technical questions about admission criteria for smaller employers; the Minister alluded to this in her opening remarks, but I would like some more information. Irregular contribution flows can destabilise benefit projections in a collective model. Will smaller or more volatile employers be subject to enhanced checks before joining? What additional powers will the Pensions Regulator have in this space? How will it intervene? What metrics will it use to assess scheme resilience and viability? I believe that further clarity on these points, too, is needed. Indeed, what opinions has the regulator given on these schemes so far?