"My Lords, in moving Amendment 168, I shall speak also to Amendments 169 to 171 in my name; I thank my noble friend Lady Neville-Rolfe for adding her name to three of those four amendments.
"Can the Minister explain why that timescale has not been put in the Bill? I cannot think of another review that has been written into law without a relevant timeframe being attached to it...." Baroness Noakes - View Speech
"My Lords, I thank all noble Lords who took part in this interesting debate. The big difference between what I have advocated and what the Minister has set out as the Government’s position is that she is describing what they hope to achieve by consolidation in the current market, but …..." Baroness Noakes - View Speech
"My Lords, my Amendments 177, 179 and 180 in this group are all probing amendments. Amendment 177 would delete Clause 49(3)(b). Subsection (3) defines “default pension benefit solution”, and paragraph (b) says that it must be
"My Lords, the noble Lord, Lord Katz, will be pleased to know that this will be my shortest intervention. With my Amendment 181, to which the noble Baroness, Lady Altmann, has added her name, we now move on to superfunds, which are an excellent innovation that allow employers to shed …..." Baroness Noakes - View Speech
"My Lords, at least we are going to please the noble Lord, Lord Katz, this evening. We might even manage to stick within our normal timeframe and not go beyond.
I thank the noble Baroness for setting out the rationale for the time at which schemes have to demonstrate that …..." Baroness Noakes - View Speech
"My Lords, Amendment 175 is a probing amendment about the best interests test, which is a part of the power to make unilateral changes to FCA-regulated pension schemes in Chapter 5 of Part 2 of the Bill. I am grateful to the noble Baroness, Lady Bowles of Berkhamsted, for adding …..." Baroness Noakes - View Speech