Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill - 26th November 2021

Here are the climate-related sections of speeches by MPs during the Commons debate Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill.

Full text: https://hansard.parliament.uk/Commons/2021-11-26/debates/D695FAF7-49CF-4222-9BB2-4570E14993F7/PensionSchemesConversionofGuaranteedMinimumPensionsBill

00:04 Guy Opperman

The Department for Work and Pensions is attempting to make pensions safer, better and greener. We are doing a huge amount, including: the Pension Schemes Act 2021, with collective defined contributions, which will provide the third way of pensions; the pensions dashboard, which will be like a banking app that brings our pensions to our mobile phones, iPads and laptops, so that we have total access and knowledge of what we have; the reforms and support of defined benefit; action to prevent the investment scams that we know are out there and are trying to stop; the huge work that we are doing to develop on the environmental, social, and governance reforms that we introduced after the 2017 elections; and putting pensions at the heart of climate change by building on the work of COP26, and being the first country in the world to introduce climate-related financial disclosure, giving consumers—all our constituents —full understanding of what is being invested in on their behalf through pensions.

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