Industry bodies flock to Tories ahead of general election

The Conservative pension spokesman said the National Association of Pension Funds and the Association of British Insurers were among those actively engaging with them. He said: "One thing we are not short of is ideas and suggestions. I think people can read the opinion polls and think we might be in government and are keen to influence what we might want to do." Waterson said the Conservative party wanted to keep companies in the defined benefit business or find variants of DB, such as hybrid schemes, where the whole risk does not fall on the employee. He said: "We need to make lif...