Contributions
272 recent contributions in Hansard
HANSARDPension Schemes Bill [HL]I am very grateful to the Minister for that very comprehensive answer. There are one or two observations that I would like to make about components of the answer. We seem to…02 Mar 2020HANSARDPension Schemes Bill [HL]02 Mar 2020HANSARDPension Schemes Bill [HL]My Lords, in her explanation of the £1 million upper limit, the Minister relied to some extent on the consultation outcomes from 2018. I am curious about who was consulted. Was…26 Feb 2020HANSARDPension Schemes Bill [HL]I also want to be invited. A critical feature of the discussion is the effectiveness of TPR. When we have the meeting—to which almost everybody seems to be invited—it would be…26 Feb 2020HANSARDPension Schemes Bill [HL]My Lords, I shall be very brief. Amendments 29, 30 and 32 in my name are all probing. Their purpose is to allow discussion of the reasoning behind the choice of penalties written…26 Feb 2020HANSARDPension Schemes Bill [HL]My Lords, I strongly support the amendments in this group and have signed Amendment 70 in the name of the noble Lord, Lord Young. I signed it because I was extremely puzzled by…26 Feb 2020HANSARDPension Schemes Bill [HL]Could I join in on this? We are talking about Amendment 73, which would insert new Section 41A on “Climate change risk”. Its first proposed subsection says “Regulations may impose…26 Feb 2020HANSARDPension Schemes Bill [HL]I would be surprised as well. My Lords, I support the thinking behind both these amendments. I congratulate the noble Lords, Lord Vaux and Lord Balfe, on the excellent way in…26 Feb 2020HANSARDPension Schemes Bill [HL]26 Feb 2020HANSARDPension Schemes Bill [HL]24 Feb 2020HANSARDPension Schemes Bill [HL]My Lords, this is a probing amendment to allow discussion of the intergenerational fairness of CDC schemes. The Government’s excellent policy brief notes say on page 9 that…24 Feb 2020HANSARDPension Schemes Bill [HL]My Lords, I am grateful for the Minister’s explanation and for her invitation to discuss the issue further. I will definitely take her up on that. At Second Reading, I talked a…24 Feb 2020HANSARDPension Schemes Bill [HL]I should like to ask one or two questions about the buffer concept. It seemed to me that a lot of what was being described was the equivalent of a buffer in some ways, but it was…24 Feb 2020HANSARDPension Schemes Bill [HL]But the scheme does not include a buffer and I am still not clear about the money. If it is going to come from the employer, where does it say that they have to do that? All we…24 Feb 2020HANSARDPension Schemes Bill [HL]24 Feb 2020HANSARDPension Schemes Bill [HL]My Lords, I shall speak also to Amendment 14 as well as to my clause stand part Motion. Amendment 18 is a probing amendment whose purpose is to enable discussion of the powers…24 Feb 2020HANSARDPension Schemes Bill [HL]I am delighted to repeat it. What does it mean to “confer discretion” on a person?24 Feb 2020HANSARDPension Schemes Bill [HL]Before I come to the meat of the matter, may I ask what it means to “confer discretion” on a person?24 Feb 2020HANSARDPension Schemes Bill [HL]If that is what it means, and I am sure it does, then we are giving the absolute, unrestricted authority for delegation of any power to anybody at all. That seems to me to be…24 Feb 2020HANSARDPension Schemes Bill [HL]I thank the Minister for her comprehensive explanation of why it may not be necessary to add what I proposed. However, I am uncertain on one thing about triggering events. It…24 Feb 2020