Member

Therefore, I have literally copied and pasted into my amendment something that we introduced in the 2021 Bill, with a few edits so that it refers to biodiversity. I am conscious that noble Lords may feel that this is telling pension schemes what to do. Part of our role is to make sure that pension schemes and trustees are thinking about the long term, which is why I have some sympathy for the cross-party Amendment 218A. Where I am slightly concerned is that it gets into what members think and do. The Make My Money Matter campaign, though noble in its intentions, closed down due to lack of engagement. As was said earlier, people have to trust that their trustees are trying to make the right choices for their financial returns. Of course, people can self-invest in private pensions and make their own choices.