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Pension Schemes Bill [Lords]

Part of the debate – in the House of Commons at 9:30 pm on 30th January 2017.

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Photo of Julian Knight Julian Knight Conservative, Solihull 9:30 pm, 30th January 2017

My hon. Friend is making the important point that we have to avoid zombie funds being created as a result of the master trusts, and one way of doing that is through the role of the Pensions Regulator. Does my hon. Friend agree that the fact that a master trust will have to prove that its business model is sustainable is key to that interaction with the Pensions Regulator?