Lord Lucas (Con)

My Lords, I very much agree with what the noble Lord, Lord Wallace, has just said, and I will add a couple of points. One is that in a committee system, every single member of the council has a role t

My Lords, it is utterly ridiculous that only 5% of UK pension funds are invested in the UK. The figure was 50% when I was a pension fund manager. The difference is entirely down to us as politicians.

My Lords, I am delighted to see this series of requests for reviews. I support my noble friend’s Amendment 157. I support also my noble friend on the Front Bench in his Amendment 159, which he will no

My Lords, we know that a much higher percentage of pension fund assets could happily be invested in UK assets; indeed, that was the case when I was managing pension funds. It is not the case now entir

My Lords, on behalf of my noble friend Lord Balfe, and with the agreement of the House, I beg leave to ask the Question standing in his name on the Order Paper.

My Lords, it is a long time since I was managing big pension funds in the 1980s. In those days, we were in the happy position of considering it a bit underweight if you had less than half your money i