M
Member
Speaking in the House of Lords on 12 January 2026
Debate
Pension Schemes BillContribution
2: Clause 1, page 1, line 10, leave out subsections (2) to (8)
Member’s explanatory statement
This amendment seeks to probe why the Secretary of State requires the power in subsection (2) to direct scheme managers to participate in, or withdraw from, particular asset pool companies, given the need to preserve their independence and fiduciary duty to act in members’ best interests.
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