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Committee of the Whole House (HL) and Debate on bill on Monday, 23 June 2008, in the House of Lords.

Pensions Bill

Pensions Bill. Lords Committee stage second day. Clauses 13, 15-16 and 18 agreed to as amended. Clauses 14, 17 and 19-20 agreed to. Part 2 of 3 records.

Secondary information

Type
Parliamentary proceeding
Reference
702 c1264-302 
Session
2007-08
Department
Department for Work and Pensions
Legislative stage
Committee stage
Procedure
New clauses
Chamber / Committee
House of Lords chamber
Related items
Proceeding contributions
Lord Brabazon of Tara | 702 c1264 (Link to this contribution) Before calling the first amendment, I have to announce an amendment to the figures announced for the...
Lord McKenzie of Luton | 702 c1297-300 (Link to this contribution) My Lords, I thank all noble Lords who have spoken on this issue, and the noble Baroness, Lady Noakes...
Show all contributions (55)
Lord Hunt of Wirral | 702 c1296-7 (Link to this contribution) I rise to support my noble friend. She highlighted a number of problems that have also been mentione...
Baroness Hollis of Heigham | 702 c1296 (Link to this contribution) I also share some of the concerns. Like the noble Lord, Lord Oakeshott, I do not want to repeat the ...
Lord Oakeshott of Seagrove Bay | 702 c1295-6 (Link to this contribution) I indicated where we stand in general on these amendments in my comments on Amendment No. 42 on the ...
Lord McKenzie of Luton | 702 c1300-1 (Link to this contribution) I shall do my best. On the first question, that is done on a collective basis for defined benefit sc...
Baroness Noakes | 702 c1300 (Link to this contribution) Before I decide what to do with my amendment, I shall ask the Minister a couple of specific question...
Lord Skelmersdale | 702 c1291-2 (Link to this contribution) I am very grateful to the Minister. He will be relieved to hear that this is one occasion when I app...
Baroness Noakes | 702 c1292-5 (Link to this contribution) moved Amendment No. 60A: 60A: Clause 19, page 9, line 2, leave out ““jobholder’s qualifying earnin...
Lord Skelmersdale | 702 c1289-90 (Link to this contribution) moved Amendment No. 59: 59: Clause 19, page 8, line 38, leave out from ““scheme”” to ““satisfies””...
Lord McKenzie of Luton | 702 c1290-1 (Link to this contribution) Clauses 19 and 20 set out the quality requirements for UK-administered money purchase and defined be...
Baroness Noakes | 702 c1287-8 (Link to this contribution) I shall make a brief response. The noble Baroness, Lady Greengross, hopes that levelling down will n...
Lord Kirkwood of Kirkhope | 702 c1287 (Link to this contribution) I support both Amendments Nos. 60 and 78 and the arguments put forward by my noble friend Lady Thoma...
Lord McKenzie of Luton | 702 c1288-9 (Link to this contribution) I thank all noble Lords who have contributed to the discussion around the amendments. I think that w...
Lord Oakeshott of Seagrove Bay | 702 c1288 (Link to this contribution) The noble Baroness, Lady Noakes, should accept that charges are exceptionally important in the case ...
Lord McKenzie of Luton | 702 c1289 (Link to this contribution) moved Amendment No. 57: 57: Clause 16, page 8, line 12, after ““conditions”” insert ““mentioned in...
Lord McKenzie of Luton | 702 c1289 (Link to this contribution) moved Amendment No. 58: 58: Clause 18, page 8, line 33, leave out from ““scheme”” to end of line 3...
Lord McKenzie of Luton | 702 c1283-4 (Link to this contribution) moved Amendment No. 56: 56: Clause 16, page 8, line 11, at end insert ““, and (c) it satisfies any...
Baroness Thomas of Winchester | 702 c1284-5 (Link to this contribution) Notwithstanding what the Minister said I should like to speak briefly to Amendment No. 60 in this gr...
Baroness Greengross | 702 c1285-6 (Link to this contribution) I support this amendment, to which my name is added, and would also like to speak briefly to Amendme...
Lord McKenzie of Luton | 702 c1301 (Link to this contribution) There is nothing wrong with it. The noble Baroness was advancing the proposition that, if people man...
Baroness Noakes | 702 c1301-2 (Link to this contribution) Those were illuminating remarks, which I look forward to reading carefully in Hansard. I made it cle...
Lord Tunnicliffe | 702 c1302 (Link to this contribution) I beg to move that the House be resumed. In moving this Motion, I suggest that the Committee stage b...
Baroness Noakes | 702 c1301 (Link to this contribution) Will the Minister explain what is wrong with rearranging pay structures for good commercial reasons?...
Lord McKenzie of Luton | 702 c1267 (Link to this contribution) It is by definition almost impossible to be specific when providing flexibility that might be needed...
Lord Oakeshott of Seagrove Bay | 702 c1267 (Link to this contribution) Will the Minister make it quite clear that he is asking for flexibility only in the definition of th...
Lord McKenzie of Luton | 702 c1265 (Link to this contribution) I thank my noble friend for this amendment. The reforms that we have discussed have been structured ...
Baroness Turner of Camden | 702 c1265-6 (Link to this contribution) I thank my noble friend the Minister for that response and I note his reference to flexibility, whic...
Baroness Noakes | 702 c1265 (Link to this contribution) I shall make just a couple of brief comments. It is important to recognise that the band of earnings...
Lord Oakeshott of Seagrove Bay | 702 c1265 (Link to this contribution) We are probably a little more sympathetic to the noble Baroness’s amendment, but I would like to hea...
Lord McKenzie of Luton | 702 c1266-7 (Link to this contribution) I just explained in response to the amendments from my noble friend Lady Turner our approach to upra...
Baroness Noakes | 702 c1266 (Link to this contribution) moved Amendment No. 45: 45: Clause 13, page 7, line 9, leave out subsection (2) The noble Barones...
Lord Brabazon of Tara | 702 c1266 (Link to this contribution) I should point out that if the amendment is agreed to, I cannot call Amendment No. 46.
Baroness Turner of Camden | 702 c1264 (Link to this contribution) moved Amendment No. 44: 44: Clause 13, page 7, line 8, at end insert ““or any other changes warran...
Baroness Hollis of Heigham | 702 c1281-3 (Link to this contribution) ““Campaign”” may be putting things too strongly. First, I thank noble Lords. I am grateful for the r...
Lord McKenzie of Luton | 702 c1283 (Link to this contribution) moved Amendments Nos. 54 and 55: 54: Clause 16, page 8, line 9, leave out ““the scheme is an occup...
Lord Dearing | 702 c1279 (Link to this contribution) I congratulate the noble Baroness on raising this issue. There is a government interest in this in t...
Lord McKenzie of Luton | 702 c1279-81 (Link to this contribution) I thank my noble friend for a typically thought-provoking contribution; I also thank all other noble...
Lord Hunt of Wirral | 702 c1277-8 (Link to this contribution) In welcoming the opportunity that this amendment has given for a wider ranging debate than just the ...
Lord Oakeshott of Seagrove Bay | 702 c1278-9 (Link to this contribution) This has been an interesting debate; the noble Baroness has done us all a service by raising this is...
Lord Kirkwood of Kirkhope | 702 c1276-7 (Link to this contribution) I share the view of the noble Lord, Lord Fowler, that the concept is a good one. The analysis is und...
Baroness Howe of Idlicote | 702 c1277 (Link to this contribution) Having listened to the noble Baroness, I am very attracted by this concept. As a probing amendment, ...
Lord Fowler | 702 c1276 (Link to this contribution) I congratulate the noble Baroness, Lady Hollis. This is an interesting idea and potentially a rather...
Baroness Dean of Thornton-le-Fylde | 702 c1276 (Link to this contribution) I shall not detain the Committee for too long in lending my support to what is a probing amendment. ...
Baroness Hollis of Heigham | 702 c1272-6 (Link to this contribution) moved Amendment No. 53: 53: After Clause 15, insert the following new Clause— ““Right to access ta...
Lord McKenzie of Luton | 702 c1270-1 (Link to this contribution) moved Amendment No. 50: 50: Clause 15, page 7, line 36, at end insert— ““(1A) The Secretary of Sta...
Lord Skelmersdale | 702 c1271 (Link to this contribution) Not being a tax expert like the Minister or my noble friend Lady Noakes, I am afraid that I have a f...
Lord McKenzie of Luton | 702 c1271-2 (Link to this contribution) The noble Lord raises two points about whether it matters if tax relief is available to a scheme. Th...
Lord Skelmersdale | 702 c1272 (Link to this contribution) I am grateful to the noble Lord for answering questions that I sprung on him. I confess that I sprun...
Lord McKenzie of Luton | 702 c1268 (Link to this contribution) The clause is entitled ““Review of qualifying earnings band””. That is the thrust of the provision a...
Baroness Noakes | 702 c1268 (Link to this contribution) I thank the noble Lord, Lord Oakeshott, for attempting to get a little more clarity. We received non...
Baroness Noakes | 702 c1270 (Link to this contribution) moved Amendments Nos. 47 and 48: 47: Clause 13, page 7, line 11, leave out ““may”” and insert ““sh...
Lord McKenzie of Luton | 702 c1267-8 (Link to this contribution) The Bill is not specific. Again, we simply do not have 20/20 foresight over the long term, and we ca...
Baroness Noakes | 702 c1267 (Link to this contribution) I am not quite sure what this flexibility is all about. We have earnings bands, and we have to ensur...
Lord Oakeshott of Seagrove Bay | 702 c1268 (Link to this contribution) No one has 20/20 foresight. I was simply asking which way it is looking. Is it looking at the defini...
Subjects
Women Gender Financial Services Authority Index linking Individual savings accounts Personal savings Pay Workplace pensions Pensions Lump sum payments Migrant workers State retirement pensions Regulation Tax allowances Average earnings Pensions Regulator Occupational money purchase schemes National employment savings trust scheme
Legislation
Pensions Bill 2007-08
Link
View this Parliamentary proceeding on www.publications.parliament.uk