"My Lords, it is not just a capitalist economy that runs on incentives; it is human nature to calibrate actions through the lens of what is in it for us. Encouraging people to work hard, succeed, earn their place in the world, and deliver safety and security for themselves and …..." Lord Fuller - View Speech
"My Lords, I will not repeat the long list of government missteps on a global, international stage from those politicians who have interfered with people’s retirements. Safe to say, it represents moral hazard.
There is a mismatch between the long-term investment needs of people who are saving for retirement half …..." Lord Fuller - View Speech
"My Lords, one of the astonishing things about the Bill is that it not only stops choice but puts under statute a connivance between the regulators and that old boys’ club of large operators that run investment money in London.
"My Lords, there are three clauses here and one would have to be pretty churlish to want to reject and disagree with the thrust of what they are trying to achieve. But I am concerned, as is my noble friend Lord Younger, about how we might put in these contractual …..." Lord Fuller - View Speech
"My Lords, the advantage of Committee is that we can bat around some batty ideas without troubling the scorers too much. I am not going to violently disagree with either of my noble friends or the noble Baroness, Lady Altmann, in this respect, but it oversimplifies the pensions landscape. I …..." Lord Fuller - View Speech
"I am interested, of course, in the opinion of the noble Baroness, Lady Coffey, about the exam, but the Minister has provoked me to respond. I am not against the FCA or the Pensions Regulator. As she says, they have their roles and responsibilities. But there is a piece of …..." Lord Fuller - View Speech
"My Lords, this is not the opportunity to relitigate the rights and wrongs of equalising the retirement age at 65 or even 66. Unusually, this was signalled well in advance. When I started my career in 1990, 36 years ago, our private scheme equalised pension retirement age at 63 and …..." Lord Fuller - View Speech