Pension Schemes: Universities

Lord Hamilton of Epsom Excerpts

Thursday 7th September 2017 Lords Chamber

[Lord Hamilton of Epsom (Con)]

To pick up my noble friend’s final point, does he accept that when the Bank of England eventually starts to raise base rates to more normal levels, a lot of pension funds will be much more fundable and sustainable than they are today?

[Viscount Younger of Leckie]

I am not an expert in pension schemes, but let us hope that is the case. It is one of many parameters that one has to take account of in managing pension schemes.