New Clause 37 - Review of impact of this Act

Part of Pension Schemes Bill – in a Public Bill Committee at 3:15 pm on 11 September 2025.

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Photo of Torsten Bell Torsten Bell The Parliamentary Secretary, HM Treasury, The Parliamentary Under-Secretary of State for Work and Pensions 3:15, 11 September 2025

I do not want to speak for the commissioners because that would be to prejudge their work. I can tell the hon. Lady what the terms of reference require and they definitely rule out long-grassing in that they require actual recommendations for change to deliver a fair, adequate and sustainable pension system. It would certainly be open to them to say, “Do these things, and we also think that monitoring should be x and y.” That would be for them to say, and as it is an independent commission, I do not want to prejudge that. It definitely cannot be just that; it would have to include recommendations for change.

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