"To ask His Majesty’s Government what assessment they have made of the impact on bereaved families, confidence in pensions and future levels of pensioner poverty of proposals to impose inheritance tax retrospectively on unused pensions and death benefits...." Baroness Altmann - View Speech
"My Lords, I fully agree with the noble Lord that pension funds should be used to fund retirement. The point is that this is a retrospective tax, because people have already put the money in and made long-term plans, of which now a significant proportion, and sometimes the majority, is …..." Baroness Altmann - View Speech
"I thank the Minister for his Answer, but my Question was whether the Government have actually properly considered the real-world impact of these unworkable proposals. With its aim to hit the minority of wealthy pension owners, this policy could actually damage millions of less well-off families who will see a …..." Baroness Altmann - View Speech
"My Lords, I think the general feeling in the House is that funding for local government is in urgent need of reform but any reform will take some time. I suggest to the Minister that an option that could be available in the shorter term is to use the fact …..." Baroness Altmann - View Speech
"I thank the Minister for that Answer. As he says, UK-listed investment companies are a world-leading, well-established route to investing in illiquid assets such as infrastructure, real estate, energy and life sciences—the very investments that the Government are seeking defined contribution pension investors to invest in to boost British growth. …..." Baroness Altmann - View Speech
"Having worked so closely with the Minister, I know how dedicated she is to getting this right. I congratulate her and the Government on their decision to act swiftly on Sir Jon Cunliffe’s excellent report. I relay congratulations from my friend, the noble Duke, the Duke of Wellington, who was …..." Baroness Altmann - View Speech
"My Lords, I will speak to my Amendment 106A in this group. I also echo fully the support for Amendments 106, 109 and 119, which is consequential, from the noble Baroness, Lady Grender. I thank the right reverend Prelate for his support as well...." Baroness Altmann - View Speech
"It is a pleasure to follow the noble Baroness and I certainly agree wholeheartedly with her final sentence. I too support a two-state solution, but I also support this SI and I am very grateful to the Minister for his clear explanation of why it is necessary.
"Which of the three tests that the noble Lord outlined for something to qualify as an act of terrorism has not been met by this organisation in the example that I gave?..." Baroness Altmann - View Speech