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Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Monday, 1 March 2010. It occurred during Debates on delegated legislation on Personal Accounts Delivery Authority Winding Up Order 2010.


Personal Accounts Delivery Authority Winding Up Order 2010

The noble Lord is tempting me. At Question Time he already gave me a good opportunity, for which I thank him. I shall be happy to drop a line to both noble Lords on a matter of fact. The noble Lord, Lord Taylor, asked who actually determines the rules. It is for the trustees to do that. The first cut of the rules is made by the Secretary of State on the advice of PADA, but going forward it is for the trustees to manage these and to consult on any proposed changes. The noble Lord asked specifically whether it was intended that this would be free of political interference. Absolutely, yes—that is the cardinal principle that we are dealing with. Sitting suspended for a Division in the House.


Secondary information

Type
Proceeding contribution
Reference
717 c337GC 
Session
2009-10
Chamber / Committee
House of Lords Grand Committee
Subjects
Women Investment Employees' contributions Employers' contributions Functions Low incomes Public appointments Workplace pensions Pensions Property transfer Personal pensions Non-departmental public bodies Pension funds Trusts Pensions Regulator Personal Accounts Delivery Authority Occupational money purchase schemes National employment savings trust scheme National Employment Savings Trust Corporation
Legislation
Personal Accounts Delivery Authority Winding Up Order 2010
National Employment Savings Trust Order 2010
Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 2010
Link
View this Proceeding contribution on www.publications.parliament.uk