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Department: Department for Work and Pensions

Lord Brennan of Canton

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Yarl’s Wood Immigration Centre (Detainee Death)
Monday 31st March 2014

(10 years, 10 months ago)

Commons Chamber
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Steve Webb Portrait Steve Webb
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I am grateful to my hon. Friend for his support for our robust action on pension scheme charges. On governance, we recognise that there is potential for conflict of interest in some master trusts. Therefore, in last week’s Command Paper, which I am sure he will have studied, we proposed that master trusts should be subject to the same independence requirements as independent governance committees. We are now consulting on that proposal.

Lord Brennan of Canton Portrait Kevin Brennan (Cardiff West) (Lab)
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What does the Minister make of the Government’s new Financial Conduct Authority’s first foray into the area of defined contribution pension schemes?

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