Pension Schemes Bill [Lords]
About these Parliamentary proceedings
Reference
684 cc55-137 Session
2019-21Chamber / Committee
House of Commons chamberRelated items
Thursday, 16 July 2020
Bills
House of Commons
Proceeding contributions
I beg to move, That the clause be read a Second time.
With this it will be convenient to discuss the following:
New clause 2—Pensions Advisory Co...
Show all contributions (94)
I rise to speak to new clause 1, together with amendments 2 to 5, and I am grateful to those from...
On that point, I thank my right hon. Friend for the way he is championing consumer advice in this...
My hon. Friend is absolutely right, and that is precisely what new clause 1 is intended to delive...
I am grateful to the right hon. Gentleman for our conversation in the Library beforehand, during ...
I am very grateful to the Minister for that assurance, and I look forward to monthly publication ...
The right hon. Gentleman speaks with huge authority on this subject, having formerly been Pension...
The proposal in new clause 1 is that people should be auto-enrolled into an appointment—that ever...
I note that the right hon. Gentleman says people would be given an appointment, but if the notifi...
The great strength of the Pension Wise approach is in providing appointments that deliver guidanc...
I am grateful to the right hon. Gentleman for giving way again. He knows that I have exchanged a ...
I am grateful for the assurances that the Minister has given. One of the problems is that the res...
It is a pleasure to speak in the debate, to follow the right hon. Member for East Ham (Stephen Ti...
Does the hon. Gentleman agree that at the moment the decumulation pension industry is unregulated...
I am grateful to the hon. Lady. If only she was on the Select Committee, because that is an issue...
I am conscious of interrupting my hon. Friend’s flow, but that is clearly what the Government are...
I am grateful to the Minister. That document came out on my birthday, so it was a very happy pres...
Is the hon. Member saying that climate really is not very important because that is what I hear h...
I was coming on to say that there are better ways we could do this. I accept that we should encou...
Does my hon. Friend agree that an unintended effect of amendment 16 might be that pension funds f...
I agree, and I was coming on to that argument. I am not sure that achieving net zero can be pushe...
I will not address this in detail because I will have my own opportunity to do so, but I make it ...
I am grateful to the hon. Member, but I am not sure what the amendment would achieve then. If we ...
I endorse my hon. Friend’s comments, but surely the key point about clause 124 is that it does se...
I am grateful to the Minister and I agree. The measures in the Bill are very sensible steps forwa...
I would like to speak to amendments 1 and 6, which have been tabled in my name and the names of o...
I am grateful to the hon. Lady for those comments. I will not have the chance to answer in detail...
I thank the Minister for that intervention, but I would ask him again to consider accepting eithe...
This is an important point and the Minister will know that there are open schemes with considerab...
I thank the hon. Gentleman for his endorsement of my remarks. I hope the Minister will comment on...
It is a great pleasure to speak in this debate today, as it was on Second Reading and in Committe...
Is my hon. Friend aware that industry agrees with his position? For instance, the Pensions and Li...
I am aware that the PLSA has stated that it is concerned about this amendment, for the reasons I ...
Order. I am going to suspend the House for a short time—probably five or 10 minutes—to allow some...
On a point of order, Madam Deputy Speaker. I wonder if you could tell the House why there was the...
I thank the hon. Gentleman for that point of order. We were asked to suspend the House just to en...
First, let me thank all those who have made contributions, which have been excellent. I thank the...
I welcome the hon. Gentleman back to the House, as this is the first opportunity I have had to do...
I thank the Minister for that response. The Department for Work and Pensions estimates that 50 mi...
I am afraid it is. My mother was very wise—she still is: she is 89 years old now and is even wise...
It is a pleasure to follow the hon. Member for Strangford (Jim Shannon) and all the other speaker...
It is a pleasure to follow the hon. Member for West Bromwich West (Shaun Bailey) in this reasonab...
The Minister is hopping about on his feet, so I will give way.
It is hard to hop from a sedentary position, but I will do my level best in future. I accept that...
I thank the Minister for that point. We had this discussion in Committee, and we are having it ag...
It is a pleasure to follow the hon. Member for Wallasey (Ms Eagle). I welcome her constructive ap...
I knew John Golding, and he never spoke for one second longer than he needed to for a particular ...
I thank the hon. Lady for that intervention. Yes, I think Mr Golding successfully pushed the Tele...
I support new clauses 4 and 5, which I tabled with my hon. Friends. It is a pleasure to follow th...
The hon. Gentleman knows that we have looked at this repeatedly, and I have met many of the indiv...
I am grateful to the Minister for reminding the House of the work that has been done. I am fully ...
I rise to address a number of issues. First, let me say that I fully support the amendments table...
I hope that we can manage the rest of the debate without a formal time limit, because the debate ...
Thank you, Madam Deputy Speaker. I will cut my speech down from the hour or so that I was plannin...
I rise primarily to speak in support of amendments 16 to 24.
The climate crisis remains one...
I am listening to the hon. Lady’s speech with great interest, and I am just wondering whether she...
I thank the Minister for his intervention, but, frankly, it does not go far enough, which is why ...
It is a pleasure to follow the hon. Member for Cardiff North (Anna McMorrin), and it is good to s...
It is a pleasure to follow the hon. Member for Keighley (Robbie Moore). I noticed that he mention...
I am grateful to be called and to have the opportunity to speak briefly in this important debate,...
I rise to support amendments 7 and 8 and new clauses 4 and 5 in my name and those of others. A re...
It is a pleasure to follow my hon. Friend the Member for Gordon (Richard Thomson), whose helpful,...
I just want to correct one point, which I was going to try to deal with in more detail later. The...
The fact remains, and the Minister has not rebuked the point I made in Committee, that the strong...
The hon. Gentleman is making a point that a number of us made earlier. I notice that in the Commi...
I was just coming on to quote that very passage from the Minister in Committee—
I was—I have it right here. We took some comfort from that statement from the Minister, but I hav...
I place on record my thanks to all Members who participated today and in Committee. In particular...
This is a hugely important piece of legislation. It is a landmark Bill. It will impact the lives ...
Nothing that the Minister has said contradicts anything in our amendment 7 or, for that matter, o...
I assure the House that no Minister in my position could accept amendment 1, which was proposed b...
One of the issues is that trustees have a legal duty in terms of the trust. At least this amendme...
With no disrespect, that is a matter for the trustees. The hon. Gentleman can make the case to th...
Will the hon. Gentleman give way?
I will give way for the last time.
On his point about the shared intent, I quoted in my speech what Baroness Buscombe said in the ot...
I stand by section 19 of the Financial Guidance and Claims Act 2018, which specifically sets out ...
I welcome the debate we have had on this set of new clauses and amendments, and I welcome many of...
I beg to move, That the Bill be now read the Third time.
This is a hugely—
Will my hon. Friend give way?
How could I possibly not give way to my hon. Friend!
Was that “On that point”?
I congratulate my hon. Friend on making her point so eloquently and intervening speedily in this ...
I thank all colleagues for their participation in today’s proceedings and throughout the passage ...
Like others, I wish to put on record my thanks to the Clerks, Huw Yardley and Kenneth Fox, and to...
I echo the thanks that have been expressed by all three Front-Bench spokespeople. I welcome the c...
I do—I said so.
That is welcome. We agree, then, that taking up Pension Wise guidance should be the norm, and I l...
There is nothing more for me to say, other than to add my thanks to Members of this House and the...
I thank Members and the Minister for their contributions on Third Reading. I look forward to brin...