(12 years, 9 months ago)
Lords Chamber
To ask Her Majesty’s Government whether they intend to legislate, in the light of the Wedgwood Museum case, to prevent the “last man standing” rule applying to the assets of charitable museums and other charities.
My Lords, the Government have reviewed this case carefully and believe that it would be inappropriate not to apply this rule to charities. Charities should have the freedom to choose pension schemes that suit their needs. These arrangements can be a useful way of managing liabilities and we would not want to restrict this option for charities. We welcome this opportunity to emphasise that charities should seek appropriate advice before making pension arrangements.
My Lords, when the Wedgwood collection has been shortlisted as one of the top 20 cultural assets in the UK, I suggest that it is inconceivable that it should be left to be sold off. What proposals do the Government have for rescuing the collection? Secondly, with regard to charities, the DWP had a consultation last year that recognised the problems with both Section 25 and the “last man standing” rule. A further consultation was promised for this year. When will it start?
My Lords, I agree with my noble friend Lord Flight that one hopes that the Wedgwood collection would not be sold off. I assure him that the Government have had several meetings with the honourable Member for Stoke, Mr Tristram Hunt, and several other people concerned to find the most effective way to save this very valuable collection, which has been nominated by UNESCO as one of the 20 most valuable sites in the UK. Regarding the final meeting, meetings are taking place at the moment, and I will update your Lordships’ House as they go on.