Minimum Funding Requirement

HC Deb 19 March 1999 vol 327 cc837-8W

Mr. Gibb

To ask the Secretary of State for Social Security who will be undertaking the Minimum Funding Requirement review; and if he will list all those involved in the review. [77553]

Mr. Timms

The Pensions Board of the Faculty and Institute of Actuaries have been asked to carry out the review in partnership with this Department. The Department is also advised by the Government Actuary. The Pensions Board may decide to set up technical working groups to research particular aspects. The Confederation of British Industry, Trades Union Congress, National Association of Pension Funds and the Association of British Insurers have been invited to comment on the scope of the review.