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Debate on bill and Public Bill Committee proceeding on Tuesday, 4 November 2014, in the House of Commons, led by Steve Webb. The answering member was Gregg McClymont.


Pension Schemes Bill. Committee stage tenth sitting (afternoon).

Clause 14 agreed to. New clause 1 (Extension to Scotland of certain provisions about marriage of same sex couples) agreed to. New clause 2 (Judicial pensions: pension sharing on divorce etc) agreed to. New clause 3 (Pension scheme for fee-paid judges) agreed to. New clause 4 (Pension sharing and normal benefit age) agreed to. New clause 5 (Duty to act in the best interests of members) discussed with new clause 14 (Fiduciary duty of trustees) agreed to. New clause 6 (Collective benefits exempt from indexation) agreed to. New clause 7 (Investment powers) agreed to. New clause 8 (Restriction on borrowing by trustees or managers) agreed to. New clause 9 (Investment powers: duty of care) agreed to. New clause 10 (Payment of amounts out of collective benefit funds) agreed to. New clause 11 (Regulations under Part 3: overriding requirements) agreed to. New clause 12 (Pensions guidance) agreed to. New clause 13 (Scale of pension schemes) withdrawn. New clause 14 (Fiduciary duty of trustees) negatived on division (5 votes to 10). New clause 15 (Decumulation) negatived on division (5 votes to 10). New schedule 1 (Amendments to do with section (Pension Scheme for Fee-Paid Judges) agreed to. New schedule 2 (Pensions Guidance) agreed to. Written evidence reported to the House. Bill, as amended, to be reported (Bill 114).


Secondary information

Type
Committee proceeding
Session
2014-15
Department
Department for Work and Pensions
Committee
Pension Schemes Bill Committee
Legislative stage
Committee stage
Procedure
New clauses
New schedules
Chamber / Committee
General committees
Related items
Pension Schemes Bill 2014-15
Thursday, 26 June 2014
Bills
House of Commons
Subjects
Civil partnerships Annuities Advisory services Homosexuality Judiciary Divorce Judges Marriage Workplace pensions Public sector Scotland Standards Regulation
Legislation
Pension Schemes Bill 2014-15
Link
View this Committee proceeding on www.publications.parliament.uk