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Proceeding contribution from Lord Clarke of Hampstead (Labour) in the House of Lords on Monday, 11 May 2009. It occurred during Debate on bill on Postal Services Bill [HL].


Postal Services Bill [HL]

My Lords, before my noble friend sits down, can I get something clarified? Obviously, I am happy with much of what my noble friend said, but at the end of my contribution earlier, I talked about the independence of the actuary. Can there be a mechanism that says that the choice of actuary can be discussed between the parties on appointment? One of the problems of actuarial assessments, quinquennial or otherwise, is that people and companies change and it is nice to have someone who knows what they are looking at. Can my noble friend assure me that there will be an understanding between the Secretary of State’s department and the trustees on the appointment of the independent actuary?


Secondary information

Type
Proceeding contribution
Reference
710 c884-5 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Consumers Companies Directors Annual reports Finance Government shareholding Protection Pensions Post offices Prices Postal services Ofcom Post Office Regulation Taxation Royal Mail Reorganisation Universal service obligation Shared ownership schemes TNT Employee ownership
Legislation
Postal Services Bill (HL) 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk