M

Member

Speaking in the House of Lords on 22 January 2026

Debate

Pension Schemes Bill

Contribution

Finally, I turn to Amendment 74. As the Bill stands, the Secretary of State may make regulations establishing the value-for-money regime. The powers are broad and the machinery is comprehensive, but there is no statutory requirement to complete the framework, nor is there any deadline by which Parliament can expect to see it be brought into force. This amendment would address that gap.

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