Pensions Bill

Oh!

That was a plea for sympathy.

No sympathy votes here.

The noble Lord will therefore know that our position is that we do not comment on speculation in ...

I am glad to hear that Steve Webb will make a statement in another place on this range of issues....

After making deferential remarks to the noble Lord, Lord Browne, I have to make even more deferen...

My Lords, I thank the Minister for his reply to this short debate and for the answers he has give...

At what point should I contribute to the discussion on this?

It will be possible for the noble Lord to speak briefly on his own amendment, Amendment 63. He ha...

Moved by

Baroness Drake

62GA: Schedule 17, page 94, line 16, at end insert—

“(c...

My Lords, Amendment 62GA is designed to address shortcomings in the governance of pension schemes...

My Lords, I speak to Amendments 67ZB and 67ZC in my name and that of my noble friend Lady Sherloc...

My Lords, ensuring that schemes deliver good value for, and are run in the best interests of, the...

Perhaps I might engage with the Minister on the issue of whether or not larger pension schemes pr...

I thank my noble friend Lord Browne for his supporting contributions in this debate. I thank the ...

Perhaps I can seek some clarification from the noble Baroness on the nature of her question; I ap...

The Minister has got the sentiment of my point. I was looking for firm clarification that the Bil...

The noble Baroness has a high degree of expertise in this area, which is respected on all sides o...

I thank the noble Lord for his offer to write to me on the matter. Maybe having it in writing wil...

We come to Amendment 63. Lord Lawson of Blaby?

Amendment 63

Moved by

Lord Lawson of Blaby

63: After Schedule 17, insert the following new Schedul...

Thank you, Lord Chairman. You advised me that I need to move this amendment, which I am happy to ...

The noble Lord should move the amendment first.

Sorry, I thought I had moved it. I beg to move.

Does nobody wish to speak?

The silence is eloquent and, in the light of it, I beg leave to withdraw the amendment.

Perfect.

Moved by

Lord Whitty

64: Clause 45, page 23, line 37, leave out “sustainable growth” ...

My Lords, in a Bill of extreme complexity, with a large number of amendments that are equally com...

My Lords, as my noble friend Lord Whitty has explained, the purpose of this amendment is to ensur...

My Lords, this amendment relates to the proposed new objective for the Pensions Regulator. The Pe...

My Lords, I am grateful to the Minister, at least for his quote from the consultation of the Pens...

Moved by

Lord Bates

64A: After Clause 47, insert the following new Clause—

“Pen...

My Lords, the four amendments I will speak to fall into two groups of two. The first two, Amendme...

My Lords, I thank the Minister for that very helpful explanation of these amendments. He may have...

The answer is that the current provision applies if a scheme is wound up outside the PPF. Schemes...

Moved by

Lord Bates

65: After Clause 47, insert the following new Clause—

“Publ...

My Lords, this group of amendments makes a small change to the Public Service Pensions Act 2013 a...

Moved by

Lord Dubs

65A: After Clause 47, insert the following new Clause—

“Rail...

My Lords, Amendment 65A is concerned with persons who worked for a company called Jarvis, which w...

My Lords, we have discussed protected persons status previously in relation to the statutory over...

My Lords, I am not totally surprised by the answer but, as I understand it, whatever the Minister...

Moved by

Lord Browne of Ladyton

67ZA: After Clause 47, insert the following new Claus...

My Lords, Amendment 67ZA is in my name and that of my noble friend Lady Sherlock. It proposes the...

My Lords, this Government recognise the importance of supporting individuals in making decisions ...

That is very helpful from the Minister but, if he is going to do that, he is going to have to loo...

Those points about alternative income requirement are correct but there are a number of reasons, ...

The Minister may not have understood my point. He was, quite sensibly, making the point—I entirel...

Okay, I have the right answer now: £20,000 is needed for flexible draw-down but not for capped dr...

My Lords, briefly, I listened to the Minister with great interest. I regard the amendment as impo...

I will ask another question associated directly with that. To what extent does the Minister expec...

I am grateful for the interventions of the right reverend Prelate and the noble Baroness. The Mon...

My Lords, I am grateful to the Minister for his response. I am disappointed, although not surpris...

Moved by

Baroness Sherlock

67ZD: After Clause 47, insert the following new Clause—