Dame Nia Griffith

“In the consultation on surplus flexibilities for defined pension schemes, the Pensions Minister explained that trustees could offer employers surplus extraction of pension funds on condition of restoring the value of pre-1997 pensions. In drawing up the regulations, will he ensure that trustees are required to commission an independent assessment of pre-1997 pension erosion, ringfence funds to restore full pension value, and restore pension value to members ahead of any surplus extraction by employers?”