M
Member
Speaking in the House of Lords on 27 April 2026
Debate
Pension Schemes BillContribution
88V: Clause 40, page 51, line 5, at end insert—
“(ba) must require—
(i) an application to include a statement explaining why the applicant considers that meeting the asset allocation requirement would be likely to cause material financial detriment to members of the scheme;
(ii) the Authority to have due regard to such a statement in determining an application;”
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