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Full Debate: Read Full DebateKevin Brennan
Main Page: Kevin Brennan (Labour - Cardiff West)Department Debates - View all Kevin Brennan's debates with the Department for Work and Pensions
(10 years, 8 months ago)
Commons ChamberI 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.
What does the Minister make of the Government’s new Financial Conduct Authority’s first foray into the area of defined contribution pension schemes?