New Clause 13 - Scale of pension schemes

Part of Pension Schemes Bill – in a Public Bill Committee at 3:00 pm on 4th November 2014.

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Photo of Gregg McClymont Gregg McClymont Shadow Minister (Work and Pensions) 3:00 pm, 4th November 2014

The hon. Gentleman makes an interesting point and produces one example. I am not sure that I agree entirely with him about the BT pension  scheme; I will have to look at that in more detail. Certainly, my sense is that Hermes has been a pretty successful fund manager.

Richard Graham rose—