Fit and proper persons requirement

Part of Pension Schemes Bill [Lords] – in a Public Bill Committee at 10:45 am on 7 February 2017.

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Photo of Nigel Mills Nigel Mills Conservative, Amber Valley 10:45, 7 February 2017

Will the Minister confirm that he expects this to be a high bar; that he wants people to be able to show that they are knowledgeable, competent and have the training to be a trustee and run a pension scheme, and not just that they can pass a check that they have no criminal convictions for fraud? They have to show positively that they can run these pension schemes well, not just that there is no historical evidence that they cannot.