Lord Hamilton of Epsom
Main Page: Lord Hamilton of Epsom (Conservative - Life peer)My Lords, I thank Her Majesty’s Opposition for the support they have given the Bill. This is not particularly relevant to the Bill, but I reflect that, just over 50 years ago, I stood in a general election for Islington North—a seat well known to the Opposition—and now stand here with what I think is a very important Bill today.
For the record, I think the noble Baroness is correct that the trustees need to think about some form of report to both Houses. Certainly since I have been on the PCPF, we as pension fund trustees have gone a long way to try to communicate with all our pensioners past and present. I will look at that in conjunction with my noble friend on the Front Bench as we take the Bill forward.
My Lords, I am sorry to interrupt my noble friend. This is an important and necessary Bill. Is it not a bit late for it to go through this House? Does he anticipate that it will get on to the statute book, and what is the process between now and Prorogation?
My noble friend is right to say that it is late in the Session; nevertheless, I would not have taken up the Bill had I thought it was not going to be successful. We have had discussions across the channels in the usual way. My understanding is that if the House gives the Bill a Second Reading today, reasonable time must then be allowed for those who might wish to table amendments to it. However, I have had an assurance from the Government that the following stages can be taken quickly and not necessarily on a Friday. I will be looking to my noble friend on the Front Bench to ensure that that happens, which is worth putting on the record. Without further ado, I commend the Bill to the House.