Kwasi Kwarteng hardly ever rebelled against their party in this parliament
In relation to oversight of the schemes, will you have any role in trying to work out which investment strategies are best—will you be providing that sort of support? Also, is return on investments something that you will be particularly focused on in terms of structure?
May I just follow up on that? Clearly, there is a blurred line between governance, the actual quality of the investment managers and the strategy. You can get a situation in which there is no oversight of a scheme or a fund, and some very silly decisions can be made. If you are looking at trying to get pensions over a generation—40 years, perhaps—that could have devastating...
With regard to the guidance guarantee, if people do not initially take it up, how will you reach out? What sort of methods will you use to reach out to those people who have not taken up the initial guidance?
Conservative MP for Spelthorne
Entered House of Commons on 6 May 2010 — General election
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Last updated: 13 Oct 2014.
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