Clause 5 - Regulator's objectives
Pensions Bill
3:15 pm
Mr Malcolm Wicks (Minister for pensions, Department for Work and Pensions; Croydon North, Labour)
We will be able to give fuller answers to that question as the discussion continues. We seek to arm the regulator with a range of powers. The tougher ones are at one end of the continuum and at the softer end there are powers to provide information and education, and in between there is a whole range, including powers to inspect premises to look at records. The answer is yes, we have the powers to intervene as appropriate.
Question put and agreed to.
Clause 5, as amended, ordered to stand part of the Bill.