M
Member
Speaking in the House of Lords on 22 January 2026
Debate
Pension Schemes BillContribution
I looked at the delegated powers memorandum to see how the Government justified taking this open-ended power, but it merely directed me to the commentary on Clause 22, which made absolutely no reference to the need for the Clause 34 power. I can summarise what the Government say in the memorandum on small pots: “We don’t really have any idea of how we will make the small pot scheme work in practice, so we want to have the widest possible powers once we’ve worked it all out”. That might just about justify the core small pot powers, or rather the detailed nature of how small pots are to be transferred, but it is wholly inadequate for an uncapped power to change the upper limit of what counts as “small”.
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