Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what assessment his Department has made of the adequacy of legislation on private pension schemes for (a) support for pensioners during the cost-of-living crisis and (b) introducing an ethics code in the decision of payments.
Employers have legal obligations to provide minimum levels of pension provision for certain groups of employees. As long as they comply with those obligations it is up to the individual employer to decide on the nature of the scheme and the exact benefits which are provided.