Pension Schemes Bill

Amendment
to be moved
ON Report

[Supplementary to the Marshalled List]

Clause 47

LORD BRADLEY

LORD MCKENZIE OF LUTON

BARONESS DRAKE

BARONESS GREENGROSS

3A*

Page 20, line 9, at end insert—

“( )     The FCA must discharge its functions in relation to pensions with a view to
securing an appropriate degree of protection for consumers with a right or
entitlement to flexible benefits whether they have used pensions guidance
or otherwise throughout the decision-making and purchasing process,
including safeguards actively to inform consumers of key risks and
benefits.”

Prepared 27th January 2015