Pension Funds: Trustees

Mr. Doran
To ask the Secretary of State for Work and Pensions what research she has (a) undertaken and (b) commissioned on the (i) costs, (ii) feasibility and (iii) effects on pension schemes of implementation proposals to require a minimum 50 per cent. member nominated trustees on the boards of pension funds.

Angela Eagle
The Department has commissioned a qualitative research study into the costs, feasibility and effects of any potential move to require pension scheme  trustee boards to have 50 per cent. member-nominated trustees. The research contractor (BMRB) has now completed interviews with employers, scheme representatives and trade union representatives and is preparing a research report. This is expected to be published in the spring of 2010.