Pre-1997 Pensions: Discretionary Increases

Liz Twist Excerpts

Thursday 19th March 2026 Commons Chamber

[Luke Akehurst]

I thank the right hon. Gentleman for drawing attention to that particular anomaly.

[Liz Twist (Blaydon and Consett) (Lab)]

rose—

[Luke Akehurst]

I see that my hon. Friend and constituency neighbour wishes to intervene.

[Liz Twist]

I congratulate my hon. Friend and constituency neighbour on securing this debate and raising this issue. He will have constituents, as I do, who have been writing to us on this issue and feel very strongly that an injustice has been done.

[Luke Akehurst]

I have had written communications and met with constituents who used to work alongside my hon. Friend’s constituents at Nissan. Sadly, in the case of Nissan and countless others, trustees have proven themselves not to be accountable enough for the decisions that affect those holding pensions. Evidence submitted to the Pensions Ombudsman shows multiple cases in which trustees have not even considered key factors when deciding discretionary increases.