M
Member
Speaking in the House of Lords on 4 February 2026
Debate
English Devolution and Community Empowerment BillContribution
Amendment 149 tabled by my noble friend Lady Scott of Bybrook is a probing amendment that seeks to test the workability of the duty requiring combined authorities to assist in identifying or developing LGPS investment opportunities. In particular, it probes concerns that such a duty could place authorities in conflict with the scheme manager’s fiduciary responsibilities, which must remain independent and focus solely on the interests of scheme members.
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