UK Parliament / Open data

Pension Schemes Bill

Committee of the Whole House (HL) and Debate on bills on Monday, 12 January 2015, in the House of Lords, led by Lord Newby.
Lords committee stage second day. Clause 47 agreed to as amended. (Part 1 of 2.)
Type
Parliamentary proceeding
Reference
758 cc559-580 
Session
2014-15
Legislative stage
Committee stage
Procedure
New clauses
Chamber / Committee
House of Lords chamber
Pension Schemes Bill 2014-15. Brought from the Commons.
Wednesday, 26 November 2014
Bills
House of Lords
Pension Schemes Bill
Monday, 12 January 2015
Parliamentary proceedings
House of Lords
Deposited Paper DEP2015-0067
Monday, 19 January 2015
Deposited papers
House of Lords
Proceeding contributions
Lord Newby | 758 c559 (Link to this contribution)

Moved by

Lord Newby

29: Clause 47, page 20, line 8, after “members” insert “, and sur...

Lord Newby | 758 c559 (Link to this contribution)

My Lords, the Government intend that all those who stand to benefit directly from the new pension...


Show all contributions (31)
Lord McAvoy | 758 cc559-560 (Link to this contribution)

My Lords, a large number of government amendments have been tabled for today’s business. The impr...

Lord Newby | 758 c560 (Link to this contribution)

My Lords, I can absolutely confirm that these are minor and technical amendments.

Lord Bradley | 758 c560 (Link to this contribution)

Moved by

Lord Bradley

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

“Gu...

Lord Bradley | 758 cc560-4 (Link to this contribution)

My Lords, I beg to move Amendment 30. At the start of our deliberations, it is worth reminding th...

Lord Freeman | 758 c564 (Link to this contribution)

My Lords, I find myself in sympathy with the spirit of the amendment but, I am afraid to say, the...

Lord Newby | 758 cc564-8 (Link to this contribution)

My Lords, I am grateful to the noble Lord, Lord Bradley, for the way in which he moved the amendm...

Lord McKenzie of Luton | 758 c568 (Link to this contribution)

My Lords, can the Minister help me on two points which arise from the Pension Wise document we go...

Lord Newby | 758 cc568-9 (Link to this contribution)

It is difficult to give a precise answer to the noble Lord’s first question, about maturity. The ...

Lord German | 758 c569 (Link to this contribution)

My Lords, perhaps I could follow the point that my noble friend and the noble Lord opposite have ...

Lord Newby | 758 cc569-570 (Link to this contribution)

My Lords, we are keen to make sure that by the time people have been through the guidance process...

Lord Bradley | 758 c570 (Link to this contribution)

I thank the Minister for his comprehensive reply, particularly when he said that the Treasury wou...

Lord Bradley | 758 c570 (Link to this contribution)

Moved by

Lord Bradley

30A: After Clause 47, insert the following new Clause—

“P...

Lord Bradley | 758 cc571-4 (Link to this contribution)

My Lords, the two amendments in this group are intended to ensure that the effects of the pension...

Lord Hutton of Furness | 758 c574 (Link to this contribution)

My Lords, there has been a great deal of rhetoric surrounding this Bill. Some of the claims for t...

Lord McKenzie of Luton | 758 cc574-5 (Link to this contribution)

I will speak in favour of my noble friend’s amendment and address two points. The first is the po...

Lord Newby | 758 cc575-6 (Link to this contribution)

My Lords, the two amendments in this group would require the Government to publish two reviews of...

Lord Bradley | 758 c576 (Link to this contribution)

I am grateful to the Minister and thank him for his explanation of the figures. I want to be abso...

Lord Newby | 758 cc576-7 (Link to this contribution)

My Lords, I believe absolutely that they have. If I am wrong in that, obviously I will write to t...

Baroness Hollis of Heigham | 758 c577 (Link to this contribution)

My Lords, is the Minister saying that the information will be available to departments but that t...

Lord Newby | 758 c577 (Link to this contribution)

My Lords, I was saying that the Government have made an assessment of behavioural changes and the...

Lord Hutton of Furness | 758 c577 (Link to this contribution)

My Lords, presumably that information will be subject to freedom of information requests.

Lord Newby | 758 c577 (Link to this contribution)

That, my Lords, is an extremely interesting question to which I do not know the answer.

Baroness Hollis of Heigham | 758 c578 (Link to this contribution)

In that case, my Lords, the Minister is saying that we are being given the assumptions that go in...

Lord Newby | 758 c578 (Link to this contribution)

I am saying that in a whole raft of areas, no doubt under successive Governments, the Treasury ha...

Lord McKenzie of Luton | 758 c578 (Link to this contribution)

I wonder whether the Minister can help me. It seems to me that there is potentially a difference ...

Lord Newby | 758 cc578-9 (Link to this contribution)

My Lords, I was simply saying that my understanding is that it is a long-standing convention rega...

Lord McKenzie of Luton | 758 c579 (Link to this contribution)

I promise not to delay the Committee any longer. However, I would just refer to the point about w...

Lord Newby | 758 c579 (Link to this contribution)

My Lords, one thing I have not responded adequately to—and I am not sure whether what I am going ...

Lord Bradley | 758 cc579-580 (Link to this contribution)

I again thank the Minister for his detailed response. In relation to buying out annuities, the Mi...

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