§ Mr. HealdTo ask the Secretary of State for the Environment if he will make a statement on the outcome of the financial management and policy review of the London Pensions Fund Authority.
§ Mr. BaldryFollowing his consideration of the final report of the review, which is being published today, my right hon. Friend has agreed that the London Pensions Fund Authority should continue to operate, at least until the future of the local government superannuation scheme is settled in the light of a recent efficiency scrutiny of that scheme. My right hon. Friend has also agreed with the authority an action plan designed to improve the LPFA's already very good service levels and its public accountability.
Copies of the report and of the action plan have been deposited in the Library.