Kevin Hollinrake
Main Page: Kevin Hollinrake (Conservative - Thirsk and Malton)The hon. Lady is right to mention urgency, and that is why this Government are acting as quickly as they can. To be fair, she should speak to her party leadership and ask why, in the last Parliament, the then Leader of the Opposition, shadow Chancellor and shadow Business Secretary did not use the word “steel” once in the House of Commons.
I welcome the Secretary of State’s efforts to save as many steel jobs as possible, and he obviously also has to look at the pension funds. Would any prospective change to pensions legislation include a ballot of scheme members so that they could give their approval?
My hon. Friend asks a good question. Under the current scheme rules, the trustees have the right to make the changes they have proposed, but what is preventing them from doing so is legislation. When the trustees discuss the issue and communicate with their members, it is important that they provide full information.