Pension Schemes Bill
Moved by
Lord Bradley
8: After Clause 60, insert the following new Clause—
“Dra...
My Lords, the purpose of this amendment is to give the Government the ability to cap the charges ...
Show all contributions (66)
I thank the noble Lord, Lord Bradley, for his contribution and recognise that “decumulation” migh...
The Minister made the point that I had not heard before that, from April 2015, the independent go...
As I understand it, it would certainly cover the point that the noble Baroness makes about draw-d...
I am grateful to the Minister for that response, and for taking up all the issues that I raised u...
Moved by
Lord Bradley
9: Before Clause 67, insert the following new Clause—
“Na...
We return to the issue of the National Employment Savings Trust. The amendment requires the Gover...
My Lords, I thank the noble Lord, Lord Bradley, for his contribution and for allowing me to provi...
My Lords, following that last point, perhaps I might quote again from the letter, which I accept ...
Indeed, and I will come on to that point but it relates only to the transfers, not to the amount....
Once again, I am grateful to the Minister for his extensive response on this very important matte...
Moved by
Lord McAvoy
10: Before Clause 67, insert the following new Clause—
“Sc...
My Lords, Amendment 10 would ensure that the fiduciary duty of pension scheme trustees should inc...
My Lords, once again I have a few questions for the movers of the amendment as well as the Minist...
My Lords, I thank the noble Lord, Lord McAvoy, for moving this amendment. It would impose an addi...
I thank the Minister for his response. However, I have struggled a wee bit to align some of the c...
Moved by
Lord Bradley
11: Before Clause 77, insert the following new Clause—
“D...
My Lords, we return to decumulation, which is the process of converting pension savings into reti...
My Lords, I thank the noble Lord, Lord Bradley, for introducing this amendment, which we recently...
Again, I am grateful to the Minister for his views on this amendment, so clearly laid out. I was ...
Moved by
Lord Newby
12: After Clause 79, insert the following new Clause—
“Publ...
My Lords, these two amendments make a small change to the Public Service Pensions Act 2013 in res...
I am grateful for the explanation from the Minister and I can assure him that I have no intention...
Moved by
Lord Bourne of Aberystwyth
13: Clause 83, page 47, line 4, after “containing...
My Lords, this amendment changes the parliamentary procedure applicable to the exercise of some d...
Moved by
Lord Bourne of Aberystwyth
14: Clause 83, page 47, line 4, after “containing...
Moved by
Lord Bourne of Aberystwyth
15: Clause 84, page 47, line 16, at end insert—
Moved by
Lord Bourne of Aberystwyth
17: Clause 88, page 48, line 35, at end insert—
Moved by
Lord Bourne of Aberystwyth
18: Schedule 2, page 63, line 21, at end insert—<...
Moved by
Lord Bradley
20: Schedule 3, page 68, line 20, at end insert—
“( ) mus...
We now come to the very important issue of the guidance guarantee. In Committee we debated a numb...
My Lords, this Bill is a very welcome reform and has been met with a good deal of justified prais...
My Lords, I, too, have some reservations about the guidance arrangements, in two different types ...
My Lords, it was very kind of my noble friend on the Front Bench to mention me in his very intere...
My Lords, this amendment relates to the funding of the Pension Wise service. It requires that fin...
Is the Minister confirming that they will be accredited with that qualification before the servic...
My Lords, that is the intention. I was about to say that although not every person recruited by C...
On that point, will the customer be able to choose whether they have a specialist adviser or some...
No, I do not think that that is the intention. We believe, and are confident, that everybody will...
Would the Minister mind expanding a little on this? He, or certainly his colleagues, will know th...
My Lords, I am saying that we will designate a very significant number of CAB offices to provide ...
I am grateful to the noble Lord for giving way. Is the Minister saying therefore that the CABs wi...
My Lords, all I am saying about operating hours is that they are still being finalised.
The...
Again, I am grateful to the Minister for his response to the many questions that I and other nobl...
Moved by
Baroness Hollis of Heigham
21: Schedule 3, page 70, line 24, at end insert—<...
My Lords, I would like to move Amendment 21 in the names of my noble friends Lord Bradley and Lor...
My Lords, this amendment addresses the need for the Government to make savers aware of the interp...
I will be brief as I cannot better the brilliant analyses of my noble friends Lady Hollis and Lad...
My Lords, I hope that noble Lords will forgive me if I concentrate on the amendment. First, the G...
I apologise for interrupting the noble Lord quite so quickly, but the amendment was not meant to ...
My Lords, I remind the noble Baroness that there will be three strands of guidance: face-to-face ...
I am sorry to press this, and the noble Lord is being very generous in allowing me to intervene a...
My Lords, I will come to that. I shall deal with the amendment first because it raises an importa...
My Lords, the Minister’s answer—this is of course not personal; he is dependent on the briefing a...
Moved by
Lord Bradley
23: Schedule 3, page 80, line 37, at end insert—
“Pension...
I will be brief on this amendment because I share the concern of my noble friend Lady Hollis abou...
My Lords, these amendments would require the Government to publish two reviews of the impact of p...
I am grateful to the Minister for his response, particularly on that last point about the example...
Moved by
Lord Bourne of Aberystwyth
25: Schedule 4, page 83, line 5, at end insert—
My Lords, this group of amendments is required to ensure that the transfer provisions contained i...
I am grateful to the Minister for his explanation. Clearly, it is important that the transfer pro...
Moved by
Lord Bourne of Aberystwyth
26: Schedule 4, page 84, line 19, at end insert—<...
Moved by
Lord Bourne of Aberystwyth
40: Schedule 5, page 106, line 40, at end insert—...
My Lords, the House will be relieved that this amendment is relatively straightforward. It enable...
It would not behove me well to challenge anything that the Supreme Court rules on, but I am sure ...