TRUSTPOLITICS
M

Member

Speaking in the House of Lords on 3 February 2026

Debate

Pension Schemes Bill

Contribution

As my noble friend Lady Noakes said, competition matters in the pensions market because it drives innovation, efficiency and better outcomes for members. If policy embeds an assumption that consolidation is always desirable, it risks entrenching incumbents, reducing competitive pressure and discouraging new entrants—we had a good debate about that.
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