My Lords, I thank the Minister for that reply and I shall not prolong the debate. We share the same aims. From our perspective, some of the language in the subsection could be used in a way that does not achieve the right result; that is the point that I was trying to make. Much will depend on how the Government implement this in practice in whether they achieve the agreed outcome, which is to maintain private provision at a higher level than the basic required under the Bill. As we share that aim, we will just have to see how things turn out, but I just record that if the Government do not implement it with sensitivity, levelling down will follow. I beg leave to withdraw the amendment.
Amendment No. 5, as an amendment to Amendment No. 4, by leave, withdrawn.
On Question, Amendment No. 4 agreed to.
Clause 37 [Calculation and payment of contributions]:
Pensions Bill
Proceeding contribution from
Baroness Noakes
(Conservative)
in the House of Lords on Wednesday, 19 November 2008.
It occurred during Debate on bills on Pensions Bill.
About this proceeding contribution
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2007-08Chamber / Committee
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