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Part of Pension Schemes Bill – in the House of Lords at 3:45 pm on 27th January 2015.

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Photo of Baroness Greengross Baroness Greengross Crossbench 3:45 pm, 27th January 2015

My Lords, I put my name to this amendment. I thank the Ministers, with whom I have had the pleasure of discussing it, for the work they have done in making sure that the FCA has come to its extremely welcome conclusion. I echo what the noble Lord, Lord Hutton, has just said. We want to know a bit more about exactly how this will work and whether it is sufficient. In the mean time, I have nothing more to add except that, with a great deal of pleasure, there is no longer the need for an amendment, so far as I am concerned—so I will leave other noble Lords to speak to it.