B

Baroness Neville-Rolfe (Con)

Speaking in the House of Lords on 5 June 2025

Debate

Pension Fund Clearing Obligation Exemption (Amendment) Regulations 2025

Contribution

That is very helpful—particularly on the international side. One does need to look at this in an international context; nowadays, we are so aware of the ups and downs of global markets. However, the Minister did not answer the question about the impact assessment. It may be that he does not have an answer today, but this is something that I am often concerned about because I think that good cost-benefit analysis is vital to good government. I made the point that the cost-benefit analysis that we got was a rather short-term thing; it would be very helpful to have a response on that.

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