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Proceeding contribution from Lord Skelmersdale (Conservative) in the House of Lords on Monday, 23 June 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.


Pensions Bill

As the Minister said, Amendment No. 75, which is tabled in my name, is grouped with Amendments Nos. 72, 73, 74 and 121. I put it down to discover, if I could, how the rules to define a hybrid scheme will be decided. I understand that the arrangement to have rules is to have flexibility as we go along, but rules mean different things in different bits of legislation, so I would like to know what legal effect they will have if they are not made by regulations. Secondly, I do not want to sound racialist or anything like that, but where does a foreign-managed scheme fit into all this and will it have to obey these rules however they are made?


Secondary information

Type
Proceeding contribution
Reference
702 c1319 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Age Employees' contributions Workplace pensions Pensions Personal pensions State retirement pensions Small businesses Occupational money purchase schemes National employment savings trust scheme
Legislation
Pensions Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk