Mr Peter Bedford

Mr Peter Bedford

Conservative — Mid Leicestershire

Speaking in the House of Commons on 4 November 2025

Debate

Regional Economic Growth: Pension Funds

Contribution

Pension scheme trustees have an obligation to make decisions that they believe are in the best interests of savers, which is otherwise known as their fiduciary duty. The reserve powers in the Pension Schemes Bill could force investment in Government vanity projects, which is contrary to that duty. Does the Minister agree with me and much of the pension industry that mandation is a massive state overreach and is gambling with the futures of those saving for retirement?

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