One of the issues is that trustees have a legal duty in terms of the trust. At least this amendment would make it much easier for the trustees to implement not chasing up the debt. If somebody has a debt of £1.2 million, who defines what is too costly for the trustees to decide to chase that debt? That is part of the issue.
Untitled Proceeding contribution
Proceeding contribution from
Alan Brown
(Scottish National Party)
in the House of Commons on Monday, 16 November 2020.
It occurred during Debate on bills on Pension Schemes Bill [Lords].
About this proceeding contribution
Reference
684 c112 Session
2019-21Chamber / Committee
House of Commons chamberSubjects
Librarians' tools
Timestamp
2024-04-29 18:28:43 +0100
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