"My Lords, I agree very much with most of what the noble Lord, Lord Shipley, just said. I have been unhappy with much of Clause 9 since I first read it, and I look forward to hearing what my noble friends have to say about it, because they have also …..." Viscount Trenchard - View Speech
"My Lords, briefly, it is not appropriate for legislation to tell the trustees of pension funds, in any case, that they can make investments in some types of structure but not in others. It should be entirely up to the trustees, in exercising their fiduciary duties, to determine what investments …..." Viscount Trenchard - View Speech
"My Lords, I will not go into too much detail. I should, because I was not here last week, declare an interest, in that I am a director of a Guernsey-based, open-ended protected cell company and a London-listed, closed-ended investment company. Neither of them begins to approach the necessary size …..." Viscount Trenchard - View Speech
"My Lords, I am not sure whether the Minister actually acknowledged the shortfall of £28 billion as identified by the Chief of the Defence Staff and the other chiefs. I understand that we must wait for the defence investment plan, but can he say whether the shortfall, or cash squeeze, …..." Viscount Trenchard - View Speech