All House of Lords articles
-
NewsLords call for ‘far stricter limits’ on LDI leverage
A committee in the House of Lords has called for “far stricter limits” on leverage in liability-driven investments, which it believes caused the Bank of England intervention, while considering giving the Prudential Regulation Authority a role in schemes’ supervision, due to their “bank-like” strategies.
-
NewsNuclear sector DB schemes reform to go ahead after 5-year delay
The House of Lords has approved amendments to the energy bill that will allow the two nuclear public sector schemes to be reformed in line with government policy, five years after originally planned.
-
NewsGovt sets 2040 gender state pension gap goal
The government has revealed a goal of eliminating the gender state pension gap by 2040, while pointing to auto-enrolment as a tool to decrease the overall savings shortfall between men and women.
-
People NewsObituary: Sally Greengross
Baroness Sally Greengross, the former chief executive of the International Longevity Centre UK and director-general of Age Concern, has died aged 86.
-
NewsAE reform unlikely to get through in time for Queen’s Speech
On the go: Pensions minister Guy Opperman has said the auto-enrolment reform bill will not get through in time for the Queen’s Speech in May.
-
NewsGovt could tweak transfer amber flag rules for overseas investments
On the go: The Department for Work and Pensions may amend defined benefit transfer scam rules so that low-risk overseas investments are no longer flagged.
-
NewsConservative peer calls for sustainable investing tax breaks
On the go: A conservative peer has called on the government to introduce a swathe of tax breaks and initiatives to encourage sustainable investing.
-
People NewsFrank Field recognised in New Year honours
On the go: Frank Field, former Work and Pensions Committee chair, has received one of the most exclusive awards in the Queen’s New Year’s honours list.
-
NewsGovt rejects Lords’ attempt to retain state pension triple lock
On the go: The House of Commons has rejected proposed amendments from the House of Lords to retain the earnings element of the state pension triple lock next year.
-
NewsGovt suffers defeat in Lords over triple lock scrap
On the go: The government has suffered a defeat in the House of Lords over its plans to restrict increases in the state pension next year by temporarily suspending the triple lock.
-
NewsAltmann calls on peers to block triple lock scrap
On the go: The government’s plan to suspend the triple lock could be blocked in the Lords on Tuesday amid concerns that pensioners will struggle against rising living costs.
-
NewsMP introduces bill to investigate Atomic Energy Authority transfers
Conservative MP David Johnston has introduced a private members’ bill to allow the Parliamentary and Health Service Ombudsman to investigate pension transfers made out of the UK Atomic Energy Authority pension scheme.
-
NewsGovt introduces public service pensions bill in parliament
On the go: The government introduced the public service pensions and judicial offices bill in the House of Lords on Monday that will allow the implementation of the McCloud remedy.
-
News
Open schemes predict £160bn liability hike with new TPR rules
On the go: Open defined benefit schemes could see their liabilities increase between £120bn and £160bn due to the new funding rules proposed by the Pensions Regulator.
-
News
Govt pushes back against dashboard scam protections
On the go: The government has moved to reverse an amendment to the pension schemes bill that sought to exclude all financial transactions from the pensions dashboard to protect savers from scams.
-
NewsPlumbing scheme announces independent governance review
The Plumbing & Mechanical Services (UK) Industry Pension Scheme is to carry out an independent review of its governance structures, after sustained criticism from the scheme's small employers and a court case over its handling of orphan liabilities.
-
OpinionLords’ open DB protections don't stack up
Editor's blog: Are we to see the decline of defined benefit put on hold? That is the vision of amendments to the pension schemes bill moved at the end of June by the House of Lords.
-
News
Lords commit TPR to preserving open DB schemes
The House of Lords has amended the pension schemes bill to ensure that open defined benefit schemes are not forced to derisk their investments in the same way as closed plans, in one of four defeats suffered by the government.
-
News
Lords back exclusion of financial transactions from dashboards
On the go: Peers in the House of Lords have shown their support for the exclusion of all financial transactions, such as the transfer of assets, from the pensions dashboard in order to protect savers from scams.
-
News
Peers push for restriction on commercial dashboards
On the go: Labour peers are pushing for an amendment to the pension schemes bill that will see a 12-month restriction placed on providers looking to operate their own pensions dashboards.