Written Evidence to be reported to the House
Pensions Bill
5:45 pm
Nigel Stanley: Exactly. We are not suggesting the ACA scheme is without merit; we are saying it is one possible way of looking at things. We have some problems with it. My impression is that the Government have already said they are open to a discussion on risk sharing in their response to the deregulatory review. Whether an amendment is needed to the Bill saying the Government shall conduct a review of this, I do not know. It is probably unnecessary to write that into legislation, but if the Government are saying there should be a discussion about risk sharing and other ways of—I would like to see it more as improving DC schemes than reducing the quality of DB schemes—