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moved Amendment No. 1: 1: Clause 8, page 6, line 1, at end insert ““or in respect”” The noble Lord said: My Lords, I shall speak also to Amendments Nos. 2, 3, 6 to 9, 20, 24 to 29 and 32. We wish to ensure that the Bill is as...
moved Amendment No. 1: 1: Clause 8, page 6, line 1, at end insert ““or in respect”” The noble Lord said: My Lords, I shall speak also to Amendments Nos. 2, 3, 6 to 9, 20, 24 to 29 and 32. We wish to ensure that the Bill is as...
My Lords, silence breeds consent.
My Lords, silence breeds consent.
My Lords, that is helpful, but it would help us if the noble Baroness were to explain the reason for that.
My Lords, that is helpful, but it would help us if the noble Baroness were to explain the reason for that.
My Lords, I beg to move that this Bill do now pass. Although I would like to say a few words to reflect on the progress made, perhaps I can simply thank all noble Lords who engaged with the Bill and, in particular, the Bill team for their excellent work....
My Lords, I beg to move that this Bill do now pass. Although I would like to say a few words to reflect on the progress made, perhaps I can simply thank all noble Lords who engaged with the Bill and, in particular, the Bill team for their excellent work....
My Lords, I thank the Minister for that reply and for confirming that there is currently no intention shortly to change the code and that, in particular, the Section 75 consultation document does not imply any change of view at this stage. I am grateful for those assurances. I apologise...
My Lords, I thank the Minister for that reply and for confirming that there is currently no intention shortly to change the code and that, in particular, the Section 75 consultation document does not imply any change of view at this stage. I am grateful for those assurances. I apologise...
My Lords, indeed, it was. There is nothing sinister about this. The issue is a serious one; we are trying to understand the scale of the issue and how it might be addressed, if it warrants a change in the current position. I stress that there is no shift in...
My Lords, indeed, it was. There is nothing sinister about this. The issue is a serious one; we are trying to understand the scale of the issue and how it might be addressed, if it warrants a change in the current position. I stress that there is no shift in...
Was the TUC there?
Was the TUC there?
Indeed, my Lords—a nice summary. But I shall resist trying to give a definition as to when an informal consultation becomes a formal one.
Indeed, my Lords—a nice summary. But I shall resist trying to give a definition as to when an informal consultation becomes a formal one.
In other words, my Lords, the usual suspects.
In other words, my Lords, the usual suspects.
My Lords, on the number of bodies being informally consulted, I think that the interests around the table included the Pensions Regulator—this is not a state secret—as well as the CBI, the Association of Pension Lawyers and the actuaries.
My Lords, on the number of bodies being informally consulted, I think that the interests around the table included the Pensions Regulator—this is not a state secret—as well as the CBI, the Association of Pension Lawyers and the actuaries.
moved Amendments Nos. 27 to 29: 27: Clause 133, page 68, line 29, leave out ““prescribed conditions”” and insert ““conditions prescribed by regulations made by the Treasury”” 28: Clause 133, page 69, line 5, leave out ““of a relevant class”” and insert ““that are of a relevant class for the...
moved Amendments Nos. 27 to 29: 27: Clause 133, page 68, line 29, leave out ““prescribed conditions”” and insert ““conditions prescribed by regulations made by the Treasury”” 28: Clause 133, page 69, line 5, leave out ““of a relevant class”” and insert ““that are of a relevant class for the...
moved Amendments Nos. 24 to 26: 24: Clause 132, page 67, line 4, leave out ““prescribed conditions”” and insert ““conditions prescribed by regulations made by the Treasury”” 25: Clause 132, page 67, line 24, leave out ““of a relevant class”” and insert ““that are of a relevant class for the...
moved Amendments Nos. 24 to 26: 24: Clause 132, page 67, line 4, leave out ““prescribed conditions”” and insert ““conditions prescribed by regulations made by the Treasury”” 25: Clause 132, page 67, line 24, leave out ““of a relevant class”” and insert ““that are of a relevant class for the...
moved Amendment No. 21: 21: After Clause 124, insert the following new Clause— ““Review of the initial operation of sections 38A and 38B of the Pensions Act 2004 (1) The Secretary of State must carry out a review of the operation of sections 38A and 38B of the Pensions Act...
moved Amendment No. 21: 21: After Clause 124, insert the following new Clause— ““Review of the initial operation of sections 38A and 38B of the Pensions Act 2004 (1) The Secretary of State must carry out a review of the operation of sections 38A and 38B of the Pensions Act...
My Lords, this allows what seems to be a reasonable time to elapse before the review is carried out, and when all is sweetness and light in this way between the Government and the Official Opposition Front Bench, far be it from us to interfere.
My Lords, this allows what seems to be a reasonable time to elapse before the review is carried out, and when all is sweetness and light in this way between the Government and the Official Opposition Front Bench, far be it from us to interfere.
moved Amendment No. 19: 19: Clause 80, page 41, line 35, leave out from first ““conditions”” to end of line 36 and insert— ““(c) in the case of a loan, must be given on a condition requiring the loan to be repaid with interest at a rate approved by the...
moved Amendment No. 19: 19: Clause 80, page 41, line 35, leave out from first ““conditions”” to end of line 36 and insert— ““(c) in the case of a loan, must be given on a condition requiring the loan to be repaid with interest at a rate approved by the...
moved Amendment No. 20: 20: Clause 97, page 50, line 9, at end insert ““or (where section 9 applies) a worker in relation to whom there are direct payment arrangements (within the meaning of section 111A of the Pension Schemes Act 1993 (c. 48)) between the worker and the employer;””...
moved Amendment No. 20: 20: Clause 97, page 50, line 9, at end insert ““or (where section 9 applies) a worker in relation to whom there are direct payment arrangements (within the meaning of section 111A of the Pension Schemes Act 1993 (c. 48)) between the worker and the employer;””...
moved Amendment No. 22: 22: Clause 130, page 66, line 17, leave out from ““functions),”” to end of line 21 and insert ““the existing provision becomes sub-paragraph (1). (2A) For paragraph (e) of that sub-paragraph substitute— ““(e) permitting the Regulator to authorise such persons, in such circumstances and under such...
moved Amendment No. 22: 22: Clause 130, page 66, line 17, leave out from ““functions),”” to end of line 21 and insert ““the existing provision becomes sub-paragraph (1). (2A) For paragraph (e) of that sub-paragraph substitute— ““(e) permitting the Regulator to authorise such persons, in such circumstances and under such...
moved Amendment No. 23: 23: Clause 130, page 66, line 22, at end insert— ““(4) Subsections (2) to (2B)— (a) do not affect any regulations made under paragraph 21(e) of Schedule 1 to the Pensions Act 2004 before the coming into force of this section, and (b) do not affect...
moved Amendment No. 23: 23: Clause 130, page 66, line 22, at end insert— ““(4) Subsections (2) to (2B)— (a) do not affect any regulations made under paragraph 21(e) of Schedule 1 to the Pensions Act 2004 before the coming into force of this section, and (b) do not affect...
My Lords, I thank the noble Baroness for tabling the amendment and I thank the noble Lord, Lord Oakeshott, for his support. I shall start by saying that the Government accept the principle that the operation of new Sections 38A and 38B should be kept under review. These are new...
My Lords, I thank the noble Baroness for tabling the amendment and I thank the noble Lord, Lord Oakeshott, for his support. I shall start by saying that the Government accept the principle that the operation of new Sections 38A and 38B should be kept under review. These are new...