Contributions
1,413 recent contributions in Hansard
HANSARDPension Schemes Bill (Seventh sitting)I beg to ask leave to withdraw the amendment. Amendment, by leave, withdrawn.11 Sept 2025HANSARDPension Schemes Bill (Seventh sitting)I beg to move amendment 277, in clause 58, page 67, line 34, leave out from “application” to end of line 36 and insert “the Trustees agree, after due consideration, that it is the…11 Sept 2025HANSARDPension Schemes Bill (Sixth sitting)I appreciate the Minister’s clarification that I had talked about amendment 113 prematurely, but it was relevant in the context of the previous discussion. I also appreciate the…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)I thank the Minister for that clarification. These are almost two different stages in the same process: we need to do the consolidation of the small pots right now, and then look…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)I have just one more brief comment. It drives me completely mad that whoever is standing at that Dispatch Box seems to believe that they will be in government in perpetuity. Given…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)My question was not dissimilar to the shadow Minister’s question on the amounts of the penalties—£10,000 for an individual and £100,000 in any other case. There is no delegated…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)I am now entirely confused. Can the Minister please clarify for all of us what the Bill actually does in terms of the consolidation?09 Sept 2025HANSARDPension Schemes Bill (Sixth sitting)If you will give me a bit of leeway, Mr Turner, I promise to speak only once on default pension benefit solutions. I might stray slightly outwith clause 42. I am looking for…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)I am happy to support the Liberal Democrat amendment. I have already mentioned the Regulatory Policy Committee’s impact assessment—it considers the monitoring and evaluation plan…09 Sept 2025HANSARDPension Schemes Bill (Sixth sitting)It looks like these amendments came up because of conversations with the regulator, which is looking to ensure that it can use the powers that the Bill intends to create. This is…09 Sept 2025HANSARDPension Schemes Bill (Sixth sitting)I have a brief comment on Government amendment 117. Because there were so many amendments, it was quite difficult to ensure that the Minister went through all of them with a…09 Sept 2025HANSARDPension Schemes Bill (Sixth sitting)I rise to support amendment 276. It is similar to some of the points that I brought up earlier, which were also brought up in the oral evidence session, about the consistency and…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)I corrected the Minister the other day on the definition of fiduciary duty, and the hon. Member for Mid Leicestershire just made a similar error. The fiduciary duty is not to act…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)I am delighted that the hon. Member agrees with me.09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)Amendments 250 to 253, as well as Government amendment 113, which we will discuss later, clarify the word “innovation” and look at how best to define it. There are two different…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)Although I am delighted by the intention of the hon. Member for Wyre Forest to get one over Reform with amendment 275, and I am quite happy to back that notion, I am also pretty…09 Sept 2025HANSARDPension Schemes Bill (Sixth sitting)I want to ask the Minister why the amendment has been tabled. Have the regulators asked for it so that they can get the information they need, or has the provision been identified…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)Thank you, Ms McVey—I was about to start by saying that I will not talk about clause 38; I will just talk about the technical amendments. I have made the point before about the…09 Sept 2025HANSARDPension Schemes Bill (Fifth sitting)I want to make a brief comment about the definition of “specialist”. I appreciate the Minister’s clarification about the default products provided, but there could be a sensible…09 Sept 2025HANSARDPension Schemes Bill (Sixth sitting)Once this measure beds in—once we have people being moved to default benefit solutions, or those boxes and the solutions have been created—how will it be kept under review? Will…09 Sept 2025