Examination of Witnesses

Part of Pension Schemes Bill – in a Public Bill Committee at 11:31 am on 23rd October 2014.

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Photo of Richard Graham Richard Graham Conservative, Gloucester 11:31 am, 23rd October 2014

I am conscious that time is running out, so this will be a very quick soundbite. On that last point about with-profits schemes, these were  totally inexplicable to the consumer. They made huge mistakes and they blew up. Do the three of you really feel that they can be resurrected in the way that people can understand, and without the risks of them blowing up?