Member of Parliament
Baroness Drake
Member since
20 Jun 2010
Bills sponsored
0
Speeches (30d)
0
Speeches (all)
147
Written questions
0
Last spoke
28 Apr 2025
Recent contributions (147)
HANSARDPension Protection Fund and Occupational Pension Schemes (Levy Ceiling) (No. 2) Order 2023My Lords, the PPF provides real support to some 295,000 pension scheme members who have entered it, including through the £1.1 billion paid out in compensation each year. It…26 Apr 2023HANSARDPension Protection Fund and Occupational Pension Schemes (Levy Ceiling) (No. 2) Order 2023I appreciate that there is a lot out there, but there are three elements: the scope for raising the levy, the compensation levels and the resilience of the PPF over time. Clearly,…26 Apr 2023HANSARDOccupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023My Lords, I hold pension trustee positions, and refer to my interests as set out in the register. These pension scheme regulations are being introduced for two reasons. First, the…28 Mar 2023HANSARDOccupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023Trustees cannot make investment decisions now without taking advice. These regulations may be adding a bit of extra detail, but that principle is already there. The department and…28 Mar 2023HANSARDPension Schemes: GuidanceMy Lords, I declare my interest in the register as a trustee. The report raises key questions about fiduciary duty. In summary, we need clearer guidance from the Government on…13 Mar 2023
Bills sponsored (0)
No sponsored bills indexed for this member.