Pensions Bill — Report (2nd Day) — 3.39 pm — 26 Feb 2014 at 18:58

Lord Prescott was absent

Amendments 30 and 31

Moved by Lord Freud

30: Schedule 18, page 104, line 24, leave out “work-based”

31: Schedule 18, page 104, line 42, leave out “work-based”

Amendments 30 and 31 agreed.

Amendment 31A

Moved by Lord Browne of Ladyton

31A: After Clause 47, insert the following new Clause-

“Decumulation

(1) Any qualifying money purchase scheme must direct its savers to an independent annuity brokerage service or offer such a brokerage service itself.

(2) Pension schemes shall ensure that any brokerage service selected or provided meets best practice in terms of providing its members with-

(a) an assisted path through the annuity process;

(b) ensuring access to most annuity providers;

(c) minimising costs; and

(d) ensuring that information and support is available on alternative at-retirement products.

(3) The standards meeting best practice on decumulation shall be defined by the Pensions Regulator after public consultation.

(4) The standards set out in subsection (3) shall be reviewed every three years and, if required, updated.”

Debate in Parliament | Source |

Party Summary

Votes by party, red entries are votes against the majority for that party.

What is Tell? '+1 tell' means that in addition one member of that party was a teller for that division lobby.

What is Turnout? This is measured against the total membership of the party at the time of the vote.

PartyMajority (Not-Content)Minority (Content)Turnout
Con126 (+1 tell) 055.5%
Crossbench16 1013.6%
DUP0 250.0%
Independent Labour0 1100.0%
Lab0 111 (+2 tell)50.7%
LDem52 (+1 tell) 051.5%
Other0 1100.0%
UUP1 050.0%
Total:195 12543.0%

Rebel Voters - sorted by party

Lords for which their vote in this division differed from the majority vote of their party. You can see all votes in this division, or every eligible lord who could have voted in this division

Sort by: Name | Party | Vote

NamePartyVote
The Earl of ClancartyCrossbenchaye
Baroness Coussins Crossbench (front bench)aye
Viscount Craigavon Crossbench (front bench)aye
Lord Elystan-Morgan Crossbench (front bench)aye
Baroness Finlay of LlandaffCrossbenchaye
Baroness Howe of IdlicoteCrossbenchaye
Lord Kilclooney Crossbenchaye
The Countess of MarCrossbench (front bench)aye
Lord Martin of SpringburnCrossbenchaye
Baroness Morgan of DrefelinCrossbenchaye
Lord Patel of BradfordCrossbenchaye

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