Clause 20 - Duty to set targets for collective benefits

Part of Pension Schemes Bill – in a Public Bill Committee at 12:00 pm on 30th October 2014.

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Photo of Gregg McClymont Gregg McClymont Shadow Minister (Work and Pensions) 12:00 pm, 30th October 2014

I thank the Minister for that. Does he have a sense of what informed choices a scheme member would or could undertake in a CDC scheme? Where does that balance lie between a member exercising an option and those options being decided and acted upon by trustees or managers?