Pension Schemes Bill Debate
Full Debate: Read Full DebateDepartment: Department for Work and Pensions
Mark Garnier
Main Page: Mark Garnier (Conservative - Wyre Forest)Department Debates - View all Mark Garnier's debates with the Department for Work and Pensions
Pension Schemes Bill
Mark Garnier ExcerptsTuesday 28th April 2026
(1 day, 13 hours ago)
Commons ChamberRead Full debate Pension Schemes Bill 2024-26 View all Pension Schemes Bill 2024-26 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Commons Consideration of Lords Message as at 28 April 2026 (issued at 17:55) - large print - (28 Apr 2026)
Mark Garnier (Wyre Forest) (Con)
The hon. Gentleman makes an incredibly important point about crossing the Rubicon, given that the Government are taking mandation powers to interfere in people’s savings and assets. We are talking about pension funds here, but once that Rubicon is crossed, there is no reason why the Government would not feel that they could start mandating how investment trusts or other types of savings schemes invest. This issue is not just about pensions; it is about the fundamental relationship between the state and private individuals.
Steve Darling
The hon. Gentleman makes a powerful point; I am sure that the Minister will reflect on it when winding up. The Liberal Democrats continue to oppose mandation, and we plan to vote against the motion tonight.