Mineworkers’ Pension Scheme

Part of the debate – in the House of Commons at 8:40 pm on 10th June 2019.

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Photo of Luke Graham Luke Graham Conservative, Ochil and South Perthshire 8:40 pm, 10th June 2019

The hon. Lady is talking about returns. Does she recognise that a 40% return on an investment fund is extraordinary? One does not have to be a City hedge fund manager to understand that. A lot of that is down to the fact that the Government are a guarantor. Does she agree therefore that regular reviews should take place and that the percentage should be variable, based on the performance of the fund, as 50% or 90% of nothing will be nothing for the miners?