§ Ms WalleyTo ask the Secretary of State for Work and Pensions what plans he has to compel pension trustee boards to appoint independent chairmen. [43953]
§ Mr. Nicholas BrownWe have no plans to compel pension trustee boards to appoint independent chairmen.
We believe that requiring independent chairmen for trustee boards would discourage employers from continuing to provide occupational pension schemes, would be difficult to implement in practice, and would make little difference to the way schemes are run.