M

Member

Speaking in the House of Lords on 19 January 2026

Debate

Pension Schemes Bill

Contribution

Specifically, we seek clarification as to why the Secretary of State requires such a broad and adaptable power, and why it is considered appropriate to allow the conditions governing surplus release to be altered with reduced parliamentary scrutiny over time. I hope the Minister can reassure the Committee that appropriate limits will be placed on these powers and that Parliament will retain a meaningful role in scrutinising any future changes to the surplus-release regime.

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