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Proceeding contribution from Baroness Noakes (Conservative) in the House of Lords on Thursday, 10 July 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.

Pensions Bill

I am still a little unclear about the treatment of the trustee corporation in this clause compared with that of the regulator. When will the trustee corporation be set up? I am not clear when it becomes a player in its own right as part of the process. Secondly, if the trustees of the scheme are to get advice from PADA, why cannot we draft that directly into Clause 69(2)(a) rather than via the Secretary of State in subsection (3), which was what my probing amendment was trying to ascertain? Will the Minister also consider whether continuing to call the authority ““PADA”” is right? Its remit has changed since the Pensions Act 2007 to include a significant role in relation to auto-enrolment, which is nothing to do with personal accounts.

Secondary information

Type
Proceeding contribution
Reference
703 c922 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Crimes against humanity Finance Fees and charges Investment Employment agencies Genocide Index linking Personal savings Low incomes Public appointments Workplace pensions Pensions Migrant workers Temporary employment Shipping War crimes Personal Accounts Delivery Authority National employment savings trust scheme
Legislation
Pensions Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk