We are at the end of a massive gift of evidence in Parliament

If you take a fancy to , you can watch the morning meetings here

You can watch the afternoon meetings here

There has been a little comment from the participants and I pick out discussions that have interest to this blog, specifically from commentators of interest to readers. When  I have time I may comment on what is being said in more detail.

PMI and SPP warn against Govt mandation power in Pension Schemes Bill

The article above is clickable to read in total, it is well written but I think that the SPP president, Sophia Singleton and the PMI chief strategy officer,  Helen Forrest Hall have been diverted down a lane that leads pensions to a dead end.

Both Sophia and Helen represent organisations that have probity and both  have expressed serious concern over provisions that would allow the government to mandate pension scheme investments.

They argue that such powers “represent a fundamental shift in the UK pensions framework – one that risks undermining trustee independence, distorting investment strategy, and eroding member confidence.”

The PMI and SPP caution that if the government starts directing pension scheme investments, it could disrupt markets, erode public trust, and make it harder for trustees to put members first. They warn that political interference sets a worrying precedent despite the benefit of larger-scale investment.

PMI and SPP – their session.

While Helen and Sophia are reported in Corporate Adviser, the PMI give them especial attention as representing the members of SPP and PMI.

and the report from Ian Cornelius is here, Ian speaks on behalf of Nest as its CEO.