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tabling member › label	Biography information for Lord Myners
min answer › date of answer	2020-12-09
answering dept id	29
min answer › question first answered	2019-05-22T14:10:53.393Z
registered interest	false

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is ministerial correction

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1257886

registered interest

date

02/12/2020

answering body

Department for Work and Pensions

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Work and Pensions

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Work and Pensions

hansard heading

Arcadia Group: Pensions

house id

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25277

pref label	House of Lords

question text

To ask Her Majesty's Government what plans they have, if any, to ask the Pensions Regulator to investigate (1) the competence, (2) the conduct, and (3) the decisions, of the trustees of the various Arcadia pensions schemes.

tabling member printed

Lord Myners

uin

HL11040

answer

is ministerial correction

date of answer

09/12/2020

answer text

<p>The Pensions Regulator is an independent body. The Honorable Lord can refer back to the statement made by the Secretary of State for BEIS in December. The Pensions Regulator has a range of powers to protect pension schemes, and it works closely with other organisations who are addressing the Arcadia business. The Pension Schemes Bill currently progressing through Parliament includes measures to enhance these powers and includes improvements to assist with investigations.</p>

answering member printed

Baroness Stedman-Scott

question first answered

09/12/2020 17:05:13

answering member

4174

label	Biography information for Baroness Stedman-Scott

tabling member

3869

label	Biography information for Lord Myners