§ Mr. Greg Knight
To ask the Secretary of State for Social Security what action he will be taking following receipt of the report from the Occupational Pensions Board on the balance of interests between employers and occupational scheme members.
§ Mr. Moore
I have today laid before Parliament the report by the Occupational Pensions Board on the balance of interests between employers and occupational scheme members. The report is being published today as Cm. 573, "Protecting Pensions: Safeguarding Benefits in a Changing Environment". We are considering the recommendations, and will find it valuable to know the views of interested organisations and individuals to inform that process.
I am therefore, today, launching a three-month consultation exercise to seek the general reaction to the report. Responses should be sent by 30 April to: DSS, Room 429, Friars House, 157–168 Blackfriars Road, London, SE1 8EU.