Pension Schemes Bill [HL] — Report — Amendment 63 (to Amendment 62) — 30 Jun 2020 at 19:45
Moved by Baroness Drake
63: Clause 122, after inserted subsection (A2) insert-“(A3) Before any other pension dashboard services can qualify under section 238A of the Pensions Act 2004 (qualifying pensions dashboard service)-(a) the pensions dashboard service under subsection (A1) must have been established for at least one year, and(b) the Secretary of State must lay before Parliament a report on the operation and effectiveness of the pensions dashboard service under subsection (A1) in its first year.”Member’s explanatory statementThis amendment ensures that the publicly owned pension dashboard service has been operating for one year and the Government has reported to parliament on its operation and effectiveness before commercial dashboard services can qualify.
Ayes 270, Noes 236.
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