Clause 9 - Pensions promise obtained from third party

Part of Pension Schemes Bill – in a Public Bill Committee at 11:00 am on 28th October 2014.

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Photo of Gregg McClymont Gregg McClymont Shadow Minister (Work and Pensions) 11:00 am, 28th October 2014

I want to make an observation. It is very clear what a trustee is. It is someone who has an obligation under trust law. In this case it is to manage a pension scheme. It seems less clear to me what a manager is. It seems, to put it politely, a more capacious definition and, impolitely, open to a number of interpretations. While it is clear what a trustee is, could the Minister elaborate on who can fill the role of a manager? What sort of agents are we talking about in this context? We know what a trustee is but who is a manager? There are a number of different definitions of a manager contained in the terminology.