"My Lords, I will say only a couple of things. The first is that this is asking for a review and transparency. It is necessary for us to know the liabilities that are stacked up; there is no getting away from that. My experience in this came in the financial …..." Baroness Bowles of Berkhamsted - View Speech
"My Lords, I am introducing Amendment 219A on behalf of the noble Baroness, Lady Altmann. She regrets that she is unable to be here, but I think she is somewhere on a plane at the moment, and I know she considers this a matter of great importance.
"I thank the Minister and other noble Lords who have spoken. I will not delay your Lordships very long because, as I said, these thoughts are from the noble Baroness, Lady Altmann. However, her key point, as I understand it, is to ensure that adequate attention to those alternatives is …..." Baroness Bowles of Berkhamsted - View Speech
"I welcome the noble Lord, Lord Pitt-Watson, to the Committee. His comments have inspired me to make a very small intervention. It is true that there is a lot of index investment, and inevitably that will capture things inadvertently, but there are now many more indices that will be socially …..." Baroness Bowles of Berkhamsted - View Speech
"I have a couple of questions. I must confess that these stem from previous occasions when promises to be at least as good do not appear to have happened, as in the AEA transfer. I am a little suspicious of this, as it seems to be in the same kind …..." Baroness Bowles of Berkhamsted - View Speech
"My Lords, this Bill is removing the requirement for the Pension Protection Fund to charge a levy each year, and the PPF has said for some time that there will not be one this year. Indeed, our discussions on other issues today have taken us into speculation as to whether …..." Baroness Bowles of Berkhamsted - View Speech
"I thank noble Lords who spoke. I freely admit that they know more than I do about these aspects, so I am glad that the conversation has started. I understand that this might bring something a little less wide in due course. It is a conversation that, having started, I …..." Baroness Bowles of Berkhamsted - View Speech
"I do not think I was suggesting that it was an anti-competitive move by the pensions industry, but there are segments in it that are advantaged by it. The other concern is that the meetings that took place prior to the signing of the Mansion House agreement were very particular …..." Baroness Bowles of Berkhamsted - View Speech