Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill Debate

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Department: Department for Work and Pensions

Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill

Claire Coutinho Excerpts
3rd reading
Friday 25th February 2022

(2 years, 2 months ago)

Commons Chamber
Read Full debate Pension Schemes (Conversion of Guaranteed Minimum Pensions) Act 2022 Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Claire Coutinho Portrait Claire Coutinho (East Surrey) (Con)
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This is the second time in a week that we have seen important changes to regulation in insurance and pensions that will have a meaningful impact on the country. Last week, we reformed Solvency II, which will unlock billions of pounds of investment, and now we have this Bill, which is a long-overdue step towards equality between the sexes in occupational pensions. I firmly congratulate the hon. Member for Rutherglen and Hamilton West (Margaret Ferrier) and my good friend the indomitable pensions Minister on this smart and thoughtful Bill.