My Lords, that response is entirely satisfactory. If the regulator is going to ensure that his guidance on materiality will be updated to reflect the material detriment test and will cover likelihood, that is what my amendment, in effect, asks for. I beg leave to withdraw the amendment.
Amendment No. 78DA, as an amendment to Amendment No. 78B, by leave, withdrawn.
Pensions Bill
Proceeding contribution from
Baroness Noakes
(Conservative)
in the House of Lords on Monday, 27 October 2008.
It occurred during Debate on bills on Pensions Bill.
About this proceeding contribution
Reference
704 c1453 Session
2007-08Chamber / Committee
House of Lords chamberSubjects
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