Contributions
1,152 recent contributions in Hansard
HANSARDWomen’s State Pension Age Communication: PHSO ReportMy Lords, tempting though it is, I will save my wider comments on the Pension Schemes Bill for tomorrow, when I look forward to seeing the noble Lord once again in Grand…02 Feb 2026HANSARDWomen’s State Pension Age Communication: PHSO ReportI thank my noble friend for that question, particularly for the recognition that this sounds simple and in fact is very complex. One of the things that has made it so difficult is…02 Feb 2026HANSARDPension Schemes BillMy Lords, I made these arguments at some length on Thursday. I have made them again now. The noble Lord disagrees with them; I can tell from his tone. He can read Hansard and pick…26 Jan 2026HANSARDPension Schemes BillMy Lords, trustees will have to make their own decisions on that. I understand that, were mandation to come in, there would be constraints on this, but let me see whether I will…26 Jan 2026HANSARDPension Schemes BillI am going to answer the point and then come back, if that is okay. Just give me another two minutes. That fragmentation does not benefit savers but can lead to increased charges…26 Jan 2026HANSARDPension Schemes BillI have heard the noble Baroness’s explanation and understand the point she is making. The point about choice was not actually directed at her; it was directed at a colleague who…26 Jan 2026HANSARDPension Schemes BillI should have quoted what I was referring to; I meant to do so but forgot, so I apologise. I was referring to the question and answer materials that accompany the accord on the…26 Jan 2026HANSARDPension Schemes BillThat was fun. I will have a go at explaining the Government’s narrative on this, which is an alternative to the narrative that has been established so far. I will then try to go…26 Jan 2026HANSARDPension Schemes BillThe noble Baroness makes an important point about innovation. We recognise the importance of a proportionate approach to scale, which is why we created the transition pathway. I…26 Jan 2026HANSARDPension Schemes BillMy Lords, I am grateful to the noble Baroness, Lady Altmann, for the clarity of the exposition of her amendments, and I thank all noble Lords who have spoken. I will try to…26 Jan 2026HANSARDPension Schemes BillI am grateful to noble Lords who have introduced and spoken to amendments. Clause 40 delivers the Government’s commitment to ensure that DC workplace pension savers benefit from…26 Jan 2026HANSARDPension Schemes BillMy Lords, I am grateful to the noble Viscount, Lord Younger, for his introduction to his amendments in this group and all noble Lords who have spoken. I will start with the sunset…26 Jan 2026HANSARDPension Schemes BillMy Lords, I apologise to the noble Viscount for jumping up prematurely. These amendments relate to the level of any asset allocation requirements and the potential treatment of…26 Jan 2026HANSARDPension Schemes Bill26 Jan 2026HANSARDPension Schemes BillThe noble Baroness may do whichever she prefers.22 Jan 2026HANSARDPension Schemes BillI am absolutely not going to answer that. If there is answer which is known to me, then I will be happy to share it with her, but it certainly not known to me.22 Jan 2026HANSARDPension Schemes BillI am sorry I did not namecheck the noble Viscount in responding to the second point. I intended to respond by pointing to the safeguards and the guardrails that have been built…22 Jan 2026HANSARDPension Schemes BillI will answer that next week, if that is okay, when we discuss the issues of fiduciary duty.22 Jan 2026HANSARDPension Schemes BillI was going to come on to that, but I am happy to do so now. Our evidence shows that across a range of domestic and international studies, a greater number of benefits can arise…22 Jan 2026HANSARDPension Schemes BillMy Lords, I am grateful to all noble Lords for introducing their amendments. As this is the first time we are going to debate scale, let me first set out why we think scale…22 Jan 2026