Examination of Witnesses

Part of Enterprise and Regulatory Reform Bill – in a Public Bill Committee at 12:00 pm on 19th June 2012.

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David Paterson: Perhaps I could amplify a little bit on that. The NAPF, in conjunction with the Pension Protection Fund, is in the process of putting together such a fund, which would be aimed specifically at pension funds. It is designed to address some of the drawbacks that Paul has outlined. That is literally in the market as we speak, in terms of trying to generate interest from the pension funds.