Session 2014 - 15
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Other Bills before Parliament


 
 

1

 

House of Commons

 
 

Tuesday 21 October 2014

 

Public Bill Committee Proceedings

 

Pension Schemes Bill


 

[First and Second sittings]


 

Steve Webb

 

Agreed to, as amended

 

That—

 

(1)  

the Committee shall (in addition to its first meeting at 8.55 a.m. on Tuesday

 

21 October) meet—

 

(a)  

at 2.00 pm on Tuesday 21 October;

 

(b)  

at 11.30 am and 2.00 pm on Thursday 23 October;

 

(c)  

at 9.25 am and 2.00 pm on Tuesday 28 October;

 

(d)  

at 11.30 am and 2.00 pm on Thursday 30 October;

 

(e)  

at 9.25 am and 2.00 pm on Tuesday 4 November;

 

(f)  

at 11.30 am and 2.00 pm on Thursday 6 November;

 

(2)  

the Committee shall hear oral evidence in accordance with the following

 

Table:

 

TABLE

 

Date

Time

Witness

 
 

Tuesday 21

Until no later than

The Pensions Regulator

 
 

October

9.30 am

  
 

Tuesday 21 October

Until no later than

Pension Protection Fund;

 
  

10.15 am

Financial Conduct Authority

 
 

Tuesday 21 October

Until no later than

Pensions Advisory Service;

 
  

11.00 am

Money Advice Service

 
 

Tuesday 21 October

Until no later than

Royal Society of Arts;

 
  

3.00 pm

Cardano; First Actuarial;

 
   

KPMG

 
 

Tuesday 21 October

Until no later than

Aon Hewitt; Financial

 
  

4.00 pm

Services Consumer Panel;

 
   

Confederation of British

 
   

Industry

 
 

Thursday 23

Until no later than

Mr Dominic Lindley; Which?;

 
 

October

12.15 pm

Trades Union Congress

 
 

Thursday 23

Until no later than

Pensions Policy Institute;

 
 

October

1.00 pm

Dr Ros Altmann; Age UK

 
 

Thursday 23

Until no later than

Association of British

 
 

October

3.00 pm

Insurers; Dr Debbie Harrison;

 
   

National Association of

 
   

Pension Funds

 
 

Thursday 23

Until no later than

Mr John Greenwood;

 
 

October

4.00 pm

Strategic Society Centre;

 
   

Towers Watson

 
 

Thursday 23

Until no later than

Department for Work and

 
 

October

4.45 pm

Pensions

 

 
 

:                                             

2

 

, continued

 
 

(3)  

proceedings on consideration of the Bill in Committee shall be taken in the

 

following order: Clauses 1 to 8; Schedule 1; Clauses 9 to 12; Schedule 2;

 

Clause 13; Schedule 3, Clauses 14 to 37, Schedule 4; Clauses 38 to 45; new

 

Clauses; new Schedules; remaining proceedings on the Bill;

 

(4)  

the proceedings shall (so far as not previously concluded) be brought to a

 

conclusion at 5.00 p.m. on Thursday 6 November.

 

As an Amendment to Steve Webb’s proposed Motion:—

 

Dr Thérèse Coffey

 

Agreed to  

 

For paragraph (3) substitute—

 

“(3)    

proceedings on consideration of the Bill in Committee shall be taken in

 

the following order: Clauses 1 to 8; Schedule 1; Clauses 9 to 12; Schedule

 

2; Clause 13; Schedule 3; Clauses 15 to 37; Schedule 4; Clauses 38 to 45;

 

Clause 14; new Clauses; new Schedules; remaining proceedings on the

 

Bill;”

 


 

Steve Webb

 

To move, That, at this and any subsequent meeting at which oral evidence is to be

 

heard, the Committee shall sit in private until the witnesses are admitted.

 

Agreed to


 
 

:                                             

3

 

, continued

 
 

Steve Webb

 

To move, That, subject to the discretion of the Chair, any written evidence received by

 

the Committee shall be reported to the House for publication.

 

Agreed to

 

The following witnesses gave oral evidence:

 

Mark Boyle, Chair, and Stephen Soper, Interim Chief Executive, The Pensions Regulator (TPR);

 

Alan Rubenstein, Chief Executive, Pension Protection Fund (PPF); David Geale, Director of

 

Policy, and Christopher Woolard, Director of Policy, Risk and Research, and a member of the

 

Executive Committee, Financial Conduct Authority (FCA);

 

Michelle Cracknell, Chief Executive, The Pensions Advisory Service (TPAS); Caroline Rookes,

 

Chief Executive Officer, and Jackie Spencer, Propositions Manager, Money Advice Service

 

(MAS);

 

David Pitt-Watson, Executive Fellow, London Business School and Royal Society of Arts; Stefan

 

Lundbergh, Head of Innovation Cardano Risk Management; Hilary Salt and Derek Benstead, First

 

Actuarial; David Fairs, Chair, Association of Consulting Actuaries (ACA), and Partner, KPMG;

 

Martin Lowes, Consultant, Aon Hewitt; Sue Lewis, Chair, Financial Services Consumers Panel;

 

Jim Bligh, Head of Public Services, Confederation of British Industry.

 

[Adjourned until Thursday at 11.30 am


 
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