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.

Alert me about debates like this

Photo of Dave Watts Dave Watts Labour, St Helens North 12:00 pm, 30th October 2014

Will the Minister be more specific about the impact? I understand the reasons for flexibility, but does that not require the scheme to carry more surplus in case it underperforms? He said the pension will be valued regularly, but what does that mean and how often will it have to be valued?