Financial Guidance and Claims Bill [HL]

My Lords, I thank the noble Lord, Lord McKenzie, for tabling these amendments to Clause 5, which ...

My Lords, I thank the Minister for that reply. I am a little surprised at the position the Govern...

Moved by

Lord Stevenson of Balmacara

49: Clause 6, page 4, line 23, leave out from “m...

My Lords, in speaking to Amendment 49 I shall speak also to Amendments 54 and 55 in this group. I...

My Lords, I should inform the Committee that if this amendment is agreed to, I cannot call Amendm...

My Lords, I point the House to my declaration of interests. I want to underline something that th...

My Lords, I rise briefly to speak to Amendment 56, which is in my name. I note that the clause on...

My Lords, I add my support to Amendment 56. It is important that if those who are involved in the...

I thank noble Lords for their scrutiny of Clause 6, which requires the body to set standards from...

I thank my noble friend for referring to me. I do not want her to believe that I do not agree wit...

I hear what my noble friend is saying. I hope he read in Hansard what I set out in detail on day ...

I thank the Minister for a very full response. There were points where I felt she was in a bit of...

It is very helpful that the noble Lord, Lord Stevenson, is giving such a full reply, but perhaps ...

That is a very good question. I think the answer is that yes, I am saying that; but I am also say...

Before, I hope, the noble Lord withdraws his amendment, I should say that between last week and t...

I am grateful to the Minister for that. I think that those meetings will be helpful and useful. I...

Moved by

Lord Stevenson of Balmacara

57: Clause 7, page 4, line 35, leave out subsect...

My Lords, this amendment is really the second half of the debate that we have just been having so...

My Lords, I will speak very briefly to Amendments 58, 60 and 61, tabled by my noble friend Lady K...

My Lords, I have some sympathy with the amendment moved by the noble Lord, Lord Stevenson, which ...

My Lords, I have added my name to this amendment; I simply want to express my strong support for ...

My Lords, I thank noble Lords for Amendments 57 to 61. Clause 7 requires the single financial gui...

I am sorry to interrupt, but I think that we have had this debate before. It is not right to say ...

I hear what the noble Lord says, but the FCA has a statutory objective to protect consumers. It i...

I thank the Minister for her very full reply, which I look forward to reading in detail in Hansar...

Moved by

Baroness Drake

62: After Clause 7, insert the following new Clause—

“O...

My Lords, Amendment 62 seeks to make it a criminal offence for a person to mimic, impersonate or ...

My Lords, I strongly support the amendment moved by the noble Baroness, Lady Drake. This is an ar...

My Lords, I too support the thrust of this amendment moved by the noble Baroness, Lady Drake, and...

My Lords, I support my noble friend, who has drawn a strong parallel with the experience of Pensi...

My Lords, the co-pilot is back. I thank the noble Baroness, Lady Drake, for tabling this amendmen...

I thank the Minister for his response. I am not sure all my questions were answered, particularly...

Moved by

Baroness Drake

63: After Clause 7, insert the following new Clause—

“F...

My Lords, Amendment 63 places a requirement on the FCA to make rules requiring information about ...

My Lords, I very much thank the noble Baroness, Lady Drake, for her amendment. I agree with much ...

I thank the Minister for her reply. My amendment does not seek to set down in detail what the FCA...

Moved by

Lord Stevenson of Balmacara

64: Clause 8, page 5, line 16, leave out from “t...

My Lords, I shall speak also to Amendments 65 and 66. They bear on the financing arrangements for...

My Lords, it is the co-pilot again. I thank the noble Lord for tabling these amendments to Clause...

I am very grateful to Minister in his capacity as co-pilot, first for the ministerial looping of ...

I have some in-flight refuelling. We are working with the devolved authorities on a final agreeme...

Gosh—that was worth waiting for! I look forward to any information that can be provided on a more...

Moved by

Baroness Drake

68: Schedule 3, page 24, line 21, leave out paragraph 12 and ...

My Lords, Clause 6 requires the single financial guidance body to set and publish the standards t...

My Lords, I will speak in support of this very important amendment moved by the noble Baroness, L...

My Lords, I too support the amendment moved by the noble Baroness, Lady Drake. It is an important...

My Lords, like other noble Lords who have spoken, I speak in support of my noble friend’s amendme...

My Lords, there is much agreement around the House about this issue. I am hoping to persuade nobl...

I thank the Minister. I am very pleased that she has agreed to consider the matter further before...

Moved by

Baroness Altmann

69: Schedule 3, page 27, line 5, leave out paragraph 33

My Lords, Amendment 69 seeks to remove Clause 33, which proposes to cancel legislation, passed by...

My Lords, I support the noble Baroness, Lady Altmann, on this. Given that we have loosened up pen...

We are less than happy with the amendment. The noble Baroness, Lady Altmann, will know that my no...

My Lords, my noble friend Lady Altmann has moved Amendment 69, which intends to retain the sectio...

My Lords, I thank my noble friend for her response and thank the noble Baroness, Lady Kramer, for...

My noble friend referenced the possibility of making the legislation redundant in some way. With ...

I thank my noble friend. The legislation says that Pension Wise should enable pensioners who are ...

Moved by

Lord McKenzie of Luton

69ZA: Clause 14, page 11, line 1, leave out subsectio...

Clause 14 enables the Secretary of State by affirmative resolution to dissolve the SFGB. The back...

My Lords, Clause 14 is pretty surprising. It runs entirely counter to normal practice and to the ...

My Lords, first, I thank the noble Lord, Lord McKenzie, for tabling this amendment.

The pur...

So often in this House I have heard Ministers argue that it is totally inappropriate for Members ...

I reject what the noble Baroness says. For example, with regard to banning cold calling in pensio...

I serve on the Delegated Powers and Regulatory Reform Committee, whose report has been referred t...

Far from it; we are not ignoring Parliament—indeed, we have listened to the committee that the no...

I must question the Minister on this. Is she saying that she wishes that she was in a position to...

The noble Lord’s amendment seeks to add safeguards to the winding-up provision by mandating the S...

My Lords, I am grateful to the Minister for that. It was a long time coming but we must be gratef...