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Speech in Grand Committee - Mon 19 Jan 2026
Pension Schemes Bill

"I am grateful to the noble Baroness for her explanation. However, does she agree that a case where the employer has the right to prevent the trustees making a payment—with some surpluses, the trustees may wish to make a payment but the employer can stop it if it is not …..."
Viscount Thurso - View Speech

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Speech in Grand Committee - Mon 19 Jan 2026
Pension Schemes Bill

"My Lords, I will speak to my Amendments 34 and 37 and will briefly comment on the other amendments. Quickly, before I do that, I seek to assist the Minister with the question I asked her on the last group. I was written to by people who came together as …..."
Viscount Thurso - View Speech

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Speech in Grand Committee - Mon 19 Jan 2026
Pension Schemes Bill

"My Lords, we come to three groups of amendments. The next two deal with what you might do with the surplus, and I have amendments in those. This group deals with the principle of what a surplus is. I am grateful to the noble Lord, Lord Davies, for giving us …..."
Viscount Thurso - View Speech

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Speech in Grand Committee - Mon 19 Jan 2026
Pension Schemes Bill

"My Lords, I rise principally to speak to my Amendment 38 in this group and to support my noble friend’s Amendment 44, to which I added my name. I am in broad sympathy with the mover of Amendment 26.

I think we can all agree that we would like to …..."

Viscount Thurso - View Speech

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Speech in Grand Committee - Wed 14 Jan 2026
Pension Schemes Bill

"My Lords, I am sure that my noble friend on the Front Bench will give our view on the generality of these amendments. I have one small question that I want to put to the noble Viscount in respect of Amendment 16.

Broadly, I am in favour of clarity of …..."

Viscount Thurso - View Speech

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Speech in Grand Committee - Wed 14 Jan 2026
Pension Schemes Bill

"May I ask one point of clarification from the noble Viscount, Lord Younger, when he comes to wind up at the end of this debate, again on risk? I read this amendment as being about the risk register—the list of risks faced by the organisation and how they are dealt …..."
Viscount Thurso - View Speech

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Speech in Grand Committee - Mon 12 Jan 2026
Pension Schemes Bill

"My Lords, I am not entirely certain that I am wholly in favour of the concept of a clause at the beginning of a Bill that sets out its purpose in the way that the noble Viscount has set down, but I appreciate the opportunity to speak to one of …..."
Viscount Thurso - View Speech

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Speech in Grand Committee - Mon 12 Jan 2026
Pension Schemes Bill

"My Lords, I will briefly give my support to the noble Lord, Lord Davies. I believe that many schemes would absolutely like to put money into social housing. The scheme of which I am a trustee, and which I mentioned earlier, has recently put 5% into social housing—it is entitled …..."
Viscount Thurso - View Speech

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Speech in Grand Committee - Mon 12 Jan 2026
Pension Schemes Bill

"Does the Minister agree that ESG and responsible investing is perhaps best summed up in the stewardship code, which most responsible investors use?..."
Viscount Thurso - View Speech

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Speech in Lords Chamber - Mon 14 Jul 2025
Tourism Levy

"My Lords, I am sure that the Minister’s words will be greatly reassuring to the hospitality industry. However, in light of the important contribution that is made by the visitor economy to both wealth creation and jobs, can the Minister give the House an assurance that if any proposal were …..."
Viscount Thurso - View Speech

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