HC Deb 01 November 2001 vol 373 cc847-8W
Richard Burden

To ask the Secretary of State for Work and Pensions if he will make a statement on investigation into the Warwick Group Pension Scheme, the Debenholt Pension and Life Assurance Scheme and the Warwick Sport and Leisure Ltd. Retirement Benefits Scheme, including actions by(a) the Pensions Ombudsman and (b) the independent trustees (i) in respect of these schemes and (ii) in respect of the former trustees Norman and Simon Gidney. [9652]

Mr. McCartney

The Pensions Ombudsman has received complaints in relation to the Warwick Group Pension Scheme and the Debenholt Pension and Life Assurance Scheme. He has issued his determination in respect of a number of the complaints made, others remain to be considered. The Pensions Ombudsman is an independent statutory commissioner and we cannot comment on his determinations or on actions taken during his investigation of complaints. Copies of his determinations are available on the Pensions Ombudsman's website.

The Independent Trustee is still taking action to wind up the Warwick Group Pension Scheme and the Debenholt Pension and Life Assurance scheme which are associated schemes. The Warwick Sport and Leisure Ltd. Retirement Benefits Scheme has been wound up.

The Occupational Pensions Regulatory Authority has investigated breaches of the Pensions Act 1995 in relation to all three schemes. As a result of its investigation Mr. N. Gidney and Mr. S. Gidney were both disqualified from acting as a trustee of any occupational pension scheme and fined in respect of 13 breaches of the Pensions Act 1995.