Baroness Sherlock

My Lords, first, as I have said before, the Government are very clear—and the Bill makes clear—that were the power ever to be used, the Government must commission a report that wi…

My Lords, to be clear, the Government designed this power specifically to backstop the Mansion House Accord, and that is our intention. I am always open to suggestions of ways to…

I thank the noble Lord for an excellent question; with his background I would expect no less. The simple answer is yes. To be clear, the power does not direct schemes into any spe…

My noble friend is quite right; we have had many opportunities. It has been a joy to discuss the Pension Schemes Bill over many weeks, and that joy is set to extend for some weeks…

My Lords, the Government have not set out a timeline for using the power precisely because we have made it clear that we do not wish to use it, and do not expect to use it. The ti…

My Lords, I have said this many times in Committee, as the noble Lord knows, but I am delighted to explain again for the benefit of the whole House. I have just explained what the…

There is a short and a long answer. The short answer is no. The long answer is that the Government have made it abundantly clear, because I have done it myself many times in Commi…

As the noble Baroness well knows, we have been discussing this matter for some weeks now in Committee and will be discussing it again on Monday, when we come to the matter on Repo…

My Lords, the Pension Schemes Bill contains a reserve power on asset allocation, designed as a backstop to the voluntary commitments made by the pensions industry under the Mansio…