"My Lords, I would like to add my voice in support of Amendment 168 and the other amendments to which my noble friend Lady Noakes has spoken.
It seems quite counterproductive for legislation to discourage innovation and the introduction of new types of investment based on different strategies in order …..." Viscount Trenchard - View Speech
"My Lords, I want briefly to say how strongly I support Amendment 176, so eloquently proposed by my noble friend Lord Younger. The noble Lord, Lord Davies, ignores the fact that the pension reforms of the last 15 years have led to a massive increase in the number of employees …..." Viscount Trenchard - View Speech
"My Lords, I agree very much with most of what the noble Lord, Lord Shipley, just said. I have been unhappy with much of Clause 9 since I first read it, and I look forward to hearing what my noble friends have to say about it, because they have also …..." Viscount Trenchard - View Speech
"My Lords, briefly, it is not appropriate for legislation to tell the trustees of pension funds, in any case, that they can make investments in some types of structure but not in others. It should be entirely up to the trustees, in exercising their fiduciary duties, to determine what investments …..." Viscount Trenchard - View Speech
"My Lords, I will not go into too much detail. I should, because I was not here last week, declare an interest, in that I am a director of a Guernsey-based, open-ended protected cell company and a London-listed, closed-ended investment company. Neither of them begins to approach the necessary size …..." Viscount Trenchard - View Speech
"My Lords, I am not sure whether the Minister actually acknowledged the shortfall of £28 billion as identified by the Chief of the Defence Staff and the other chiefs. I understand that we must wait for the defence investment plan, but can he say whether the shortfall, or cash squeeze, …..." Viscount Trenchard - View Speech
"My Lords, I support this amendment, which was so well introduced by my noble friend Lord Younger and so well spoken to by the noble Baroness, Lady Bowles of Berkhamsted. The Bill is very complicated. It is not absolutely clear to me what it means. It is also, as my …..." Viscount Trenchard - View Speech
"My Lords, I too congratulate the noble Baroness, Lady White of Tufnell Park, who is not in her place, on her excellent and well-informed contribution. It is a great pleasure to follow the noble Baroness, Lady Hayman, who just made a most interesting and informative speech.
"My Lords, I thank the noble Baroness, Lady Taylor of Stevenage, for introducing this 371-page Bill. I declare an interest as a deputy lieutenant of Hertfordshire. I am well aware of the high regard in which the Minister is rightly held in our county, across the political spectrum.
"My Lords, I add my congratulations to the right reverend Prelate the Bishop of Chester on his entertaining and informed speech. He should moonlight and take a second job on the Climate Change Committee.