Strengthening Protection For Pension Scheme Members
EDM number 1531 in 2007-08, proposed by George Howarth on 12/05/2008.
Categorised under the topics of Employment and Pensions.
That this House welcomes the Government's proposed safeguards to increase protection for pension scheme members; welcomes the proposed strengthening of powers requiring employers to provide contributions to a pension scheme if their actions could threaten the security of members' pensions; recognises the importance of innovation in the pensions sector while balancing this with protecting scheme members; notes that the Pensions Regulator should have stronger powers to protect members' interests; and welcomes the proposals currently out to consultation which give appropriate protection while avoiding additional costs through the Pension Protection Fund.
This motion has been signed by a total of 40 MPs.
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