Member

My Amendments 55 and 60 seek to turn the Bill’s focus to returns for savers. They apply to master trusts and group personal pension plans respectively, and they would allow these schemes to be excluded from the scale requirements if they achieve above-average returns, so that consolidation is not forced on smaller schemes that are doing well for their pension savers. Amendment 94 concerns the new entrant pathway and would allow for the potential for achieving above-average returns to be considered as an alternative to the potential for achieving the size requirement.