Draft Occupational Pension Schemes (Collective Money Purchase Schemes) (Extension to Unconnected Multiple Employer Schemes and Miscellaneous Provisions) Regulations 2025 Debate
Full Debate: Read Full DebateMark Garnier
Main Page: Mark Garnier (Conservative - Wyre Forest)Department Debates - View all Mark Garnier's debates with the Department for Work and Pensions
(1 day, 6 hours ago)
General CommitteesI suspect the name of this statutory instrument is probably longer than my speech will be. I am grateful to the Minister for his words about the details of this instrument. Its intention is to bring more people who are not saving into pensions into the pension schemes. In that respect, it builds on work done by the previous Conservative Government, which I think we would all agree were 14 years of strong and stable Government [Hon. Members: “Hear, hear!”] Thank you very much. We are 100% behind this. It continues the work of the previous Government. It has the intention that we always had—to get more people saving into pension schemes. In the broader sense, it follows the intentions of the Pension Schemes Bill, which is currently passing through Parliament, and on which we disagree with one or two things. But we are in agreement on the overall thrust of this statutory instrument, so I will not trouble the Committee any longer.