AEA Group: Pensions

(asked on 18th August 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment he has made of the Government's potential role in the collapse of the AEA Technology pension scheme; and if he will make a statement.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 9th September 2021

The State cannot be held liable for the value of private sector pension schemes. Affected individuals are covered by Pension Protection Fund compensation arrangements. This has not changed.

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