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Proceeding contribution from Lord German (Liberal Democrat) in the House of Lords on Tuesday, 15 March 2011. It occurred during Debate on bill and Committee proceeding on Pensions Bill [HL].


Pensions Bill [HL]

My Lords, I thank my noble friend for those comments. I dread to think of the asymmetric paternalism to which we keep referring. We shall probably have to continue to do so now, because if I can interpret my noble friend’s final remarks as meaning that he and the Government will give active consideration to the sorts of guidance that might help the companies, pension funds and their members to achieve the goals that we have elaborated on, I am very grateful indeed. As the noble Baroness said, the move from pension trustees to contract-based schemes with trustees will change the fabric of the pension world. I hope that the pension fund for which I am a trustee has sought to get these matters dealt with more swiftly. However, given my own experience, I am not certain that the regulations as framed guarantee that members will get access to all the information on voting rights. I am grateful for my noble friend’s comments, which I will take in the spirit that I described. On that basis, I beg leave to withdraw the amendment. Amendment 53 withdrawn. Amendments 54 and 54A not moved. Clause 24 : Contributions towards cost of judicial pensions etc Amendment 55 Clause 24 : Contributions towards cost of judicial pensions etc Amendment 55 Moved by


Secondary information

Type
Proceeding contribution
Reference
726 c29GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
Subjects
Compensation Judiciary Gender Investment Employees' contributions Index linking Private sector Pay Workplace pensions Pensions Public sector Pension funds Pension Protection Fund Consumer prices index Pensions Regulator Transgender people
Legislation
Pensions Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk