B

Baroness Neville-Rolfe (Con)

Speaking in the House of Lords on 23 March 2026

Debate

Pension Schemes Bill

Contribution

My Lords, I thank the Minister for her comments, and all those who have spoken on the wide variety of reviews that have been proposed, some of which I think will be picked up by the Pensions Commission, by action following the Bill and, indeed, by other reviews that may be undertaken in the coming years. I return briefly to the uncomfortable subject of public service pensions. We face a serious and deteriorating state of public finances, and my subject represents one significant part of that. It is only sensible to examine whether we are on the right path. That is the thrust of the amendment before us because, as the Minister acknowledged, this is not really picked up by any other ongoing review or legislation. To answer the question about the previous Government, I would say that we are not looking back but looking forward. In fact, I myself carried out an independent review of the state pension age, which alerted me to the problems of pension sustainability, the intergenerational unfairness and the problems we have with greater longevity. That is one of the reasons why I have come forward with this proposal for a review, which I hope the Government will look at positively. I thank all those who have spoken. I urge the Government to reflect, but I would like to test the opinion of the House.

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