§ Mr. SwayneTo ask the Secretary of State for Work and Pensions what plans he has to reform the regulatory834W and legislative framework regarding the distribution of pension fund surpluses; and if he will make a statement. [7144]
§ Mr. McCartneyThe recently published Myners Report recommends that the Law Commission should be asked to review whether the objective of maximum clarity over ownership of the surplus can be achieved through legal change. The Chancellor's and my officials are currently exploring the matter with the Law Commission.