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EnactedPension Schemes Act 2017

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OverviewTimeline80Debates15Amendments110

Proposed amendments

110 amendments across 30 provisions

Clause 1 6

Amendment 1#4071WithdrawnAmends text
Amendment text
at end insert “and is not an AVC only scheme,”
Stage
Committee stage
Type
EditBillBody
Clause
1
Page
1
Line
8
Marshalled no.
1
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 1
Amendment 2#3905Not movedAmends text
Amendment text
leave out paragraphs (b) and (c)
Stage
Committee stage
Type
EditBillBody
Clause
1
Page
1
Line
9
Marshalled no.
2
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 1
Amendment 3#4072Not movedAmends text
Amendment text
at end insert—
is not a relevant centralised scheme, and
Stage
Committee stage
Type
EditBillBody
Clause
1
Page
1
Line
12
Marshalled no.
3
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 1
Amendment 5#4073Not movedAmends text
Amendment text
at end insert—
““AVC only scheme” means an occupational pension scheme which provides no money purchase benefits other than benefits which are attributable to additional voluntary contributions;”
Stage
Committee stage
Type
EditBillBody
Clause
1
Page
2
Line
1
Marshalled no.
5
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 1
Amendment 6#4074Not movedAmends text
Amendment text
at end insert—
““relevant centralised scheme” has the same meaning as in regulation 1(2) of the Occupational Pension Schemes (Member-nominated Trustees and Directors) Regulations 2006;”
Stage
Committee stage
Type
EditBillBody
Clause
1
Page
2
Line
8
Marshalled no.
6
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 1

Clause 3 1

Clause 4 5

Amendment 8#3914Not movedAmends text
Amendment text
at end insert—
the scheme’s policies relating to systems and processes requirements as set out in regulations under section 11;
Stage
Committee stage
Type
EditBillBody
Clause
4
Page
3
Line
14
Marshalled no.
8
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 4
Amendment 9#4032Not movedAmends text
Amendment text
leave out paragraph (d)
Stage
Committee stage
Type
EditBillBody
Clause
4
Page
3
Line
15
Marshalled no.
9
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 4
Amendment 11#4031WithdrawnAmends text
Amendment text
leave out first “the” and insert “any”
Stage
Committee stage
Type
EditBillBody
Clause
4
Page
3
Line
25
Marshalled no.
11
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 4

Clause 5 1

Amendment 12#4015Not movedNew clause / schedule
Amendment text
Insert the following new Clause—
“Decision on application: regulator’s financial resources

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
AddClauseOrSchedule
Position
After
Clause
5
Marshalled no.
12
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 5

Clause 7 5

Amendment 2#4642AgreedAmends text
Amendment text
at end insert—
The first regulations that are made under subsection (4) are subject to affirmative resolution procedure.”
Stage
Report stage
Type
EditBillBody
Clause
7
Page
5
Line
29
Marshalled no.
2
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 7
Amendment 3#4643AgreedAmends text
Amendment text
leave out “Regulations under this section” and insert “Any subsequent regulations under subsection (4), and regulations under subsections (2) and (3),”
Stage
Report stage
Type
EditBillBody
Clause
7
Page
5
Line
30
Marshalled no.
3
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 7
Amendment 14#3911Not movedAmends text
Amendment text
at end insert—
Regulations under this section may require the Pensions Regulator to review from time to time whether the persons mentioned in subsections (2)(a) to (h) and (3)(a) and (b) remain fit and proper persons to act in relation to the relevant scheme in the capacity mentioned.”
Stage
Committee stage
Type
EditBillBody
Clause
7
Page
5
Line
27
Marshalled no.
14
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 7
Amendment 15#3946Not movedAmends text
Amendment text
leave out “negative” and insert “affirmative”
Stage
Committee stage
Type
EditBillBody
Clause
7
Page
5
Line
28
Marshalled no.
15
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 7

Clause 8 6

Amendment 4#4644AgreedAmends text
Amendment text
at end insert—
The first regulations that are made under this section are subject to affirmative resolution procedure.”
Stage
Report stage
Type
EditBillBody
Clause
8
Page
6
Line
14
Marshalled no.
4
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 8
Amendment 5#4645AgreedAmends text
Amendment text
at beginning insert “Any subsequent”
Stage
Report stage
Type
EditBillBody
Clause
8
Page
6
Line
15
Marshalled no.
5
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 8
Amendment 6#4665AgreedNew clause / schedule
Amendment text
Insert the following new Clause—
“Scheme funder of last resort

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
AddClauseOrSchedule
Position
After
Clause
8
Marshalled no.
6
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 8
Amendment 16#3907Not movedAmends text
Amendment text
at end insert—
The assessment under subsection (2)(b) of whether a scheme has sufficient financial resources may not take account of resources related to benefits other than money purchase benefits.”
Stage
Committee stage
Type
EditBillBody
Clause
8
Page
5
Line
37
Marshalled no.
16
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 8
Amendment 17#3908Not movedAmends text
Amendment text
leave out “negative” and insert “affirmative”
Stage
Committee stage
Type
EditBillBody
Clause
8
Page
6
Line
12
Marshalled no.
17
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 8
Amendment 18#4014WithdrawnNew clause / schedule
Amendment text
Insert the following new Clause—
“Scheme funding: triggering events

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
AddClauseOrSchedule
Position
After
Clause
8
Marshalled no.
18
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 8

Clause 9 2

Amendment 7#4646AgreedAmends text
Amendment text
at end insert—
The first regulations that are made under this section are subject to affirmative resolution procedure.”
Stage
Report stage
Type
EditBillBody
Clause
9
Page
6
Line
33
Marshalled no.
7
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 9
Amendment 8#4647AgreedAmends text
Amendment text
at beginning insert “Any subsequent”
Stage
Report stage
Type
EditBillBody
Clause
9
Page
6
Line
34
Marshalled no.
8
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 9

Clause 10 6

Amendment 9#4667WithdrawnAmends text
Amendment text
leave out “as a separate legal entity” and insert “and carry out activities in a manner which enables its financial position and the financial arrangements between it and a Master Trust to be transparent to the Regulator”
Stage
Report stage
Type
EditBillBody
Clause
10
Page
6
Line
39
Marshalled no.
9
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs amended on Report· Clause 10
Amendment 11#4702Not movedAmends text
Amendment text
leave out “only”
Stage
Report stage
Type
EditBillBody
Clause
10
Page
7
Line
1
Marshalled no.
11
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs amended on Report· Clause 10
Amendment 12#4703Not movedAmends text
Amendment text
at end insert “and are disclosed to the Regulator for the purposes of assessing the scheme funder’s financial sustainability under section 8”
Stage
Report stage
Type
EditBillBody
Clause
10
Page
7
Line
2
Marshalled no.
12
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs amended on Report· Clause 10
Amendment 19#3976WithdrawnAmends text
Amendment text
leave out “constituted as a seperate legal entity” and insert “approved by the Pensions Regulator”
Stage
Committee stage
Type
EditBillBody
Clause
10
Page
6
Line
36
Marshalled no.
19
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 10
Amendment 20#3909Not movedAmends text
Amendment text
leave out paragraph (b)
Stage
Committee stage
Type
EditBillBody
Clause
10
Page
6
Line
40
Marshalled no.
20
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 10

Clause 11 9

Amendment Unnumbered#5376AgreedAmends text
Amendment text
at end insert—
The regulations may include provision—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
3rd reading
Type
EditBillBody
Clause
11
Page
7
Line
16
Marshalled no.
Unnumbered
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 11
Amendment 13#4648AgreedAmends text
Amendment text
at end insert—
The first regulations that are made under this section are subject to affirmative resolution procedure.”
Stage
Report stage
Type
EditBillBody
Clause
11
Page
7
Line
35
Marshalled no.
13
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 11
Amendment 14#4649AgreedAmends text
Amendment text
at beginning insert “Any subsequent”
Stage
Report stage
Type
EditBillBody
Clause
11
Page
7
Line
36
Marshalled no.
14
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 11
Amendment 21#3929Not movedAmends text
Amendment text
at end insert “and environmental, social and governance risks”
Stage
Committee stage
Type
EditBillBody
Clause
11
Page
7
Line
24
Marshalled no.
21
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 11
Amendment 22#3900Not movedAmends text
Amendment text
at end insert—
the identification, reporting, management and minimising of any conflicts of interest in relation to the work of the trustees.”
Stage
Committee stage
Type
EditBillBody
Clause
11
Page
7
Line
33
Marshalled no.
22
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 11
Amendment 23#3932Not movedAmends text
Amendment text
at end insert—
Regulations must set minimum requirements for each of the processes listed in subsection (4)(a) to (g) for the purposes of authorisation.”
Stage
Committee stage
Type
EditBillBody
Clause
11
Page
7
Line
33
Marshalled no.
23
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 11
Amendment 24#4010Not movedAmends text
Amendment text
leave out “negative” and insert “affirmative”
Stage
Committee stage
Type
EditBillBody
Clause
11
Page
7
Line
34
Marshalled no.
24
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 11
Amendment 25#3933Not movedAmends text
Amendment text
at end insert—
The scheme must set out a communication strategy to define how it will communicate with members.”
Stage
Committee stage
Type
EditBillBody
Clause
11
Page
7
Line
34
Marshalled no.
25
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 11

Clause 12 7

Amendment 15#4650AgreedAmends text
Amendment text
at end insert—
The first regulations that are made under this section are subject to affirmative resolution procedure.”
Stage
Report stage
Type
EditBillBody
Clause
12
Page
8
Line
19
Marshalled no.
15
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 12
Amendment 16#4651AgreedAmends text
Amendment text
at beginning insert “Any subsequent”
Stage
Report stage
Type
EditBillBody
Clause
12
Page
8
Line
20
Marshalled no.
16
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 12
Amendment 26#3952Not movedAmends text
Amendment text
at end insert—
A continuity strategy must set down what protections are afforded to non-money purchase benefits.”
Stage
Committee stage
Type
EditBillBody
Clause
12
Page
7
Line
42
Marshalled no.
26
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 12
Amendment 27#3938WithdrawnAmends text
Amendment text
after “charges” insert “, including any cap on those charges,”
Stage
Committee stage
Type
EditBillBody
Clause
12
Page
8
Line
2
Marshalled no.
27
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 12
Amendment 28#3953Not movedAmends text
Amendment text
at end insert—
A continuity strategy must demonstrate that members’ funds cannot, in any circumstances, be used in whole or in part to pay for the costs of any wind up of the scheme.”
Stage
Committee stage
Type
EditBillBody
Clause
12
Page
8
Line
4
Marshalled no.
28
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 12
Amendment 29#4033Not movedAmends text
Amendment text
After “funds” insert “, beyond the normal capped pension scheme charges,”
Stage
Committee stage
Type
EditBillBody
Clause
12
Page
8
Line
4
Marshalled no.
29
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 12
Amendment 30#3935Not movedAmends text
Amendment text
leave out subsection (10) and insert—
The first regulations made under this section are subject to the affirmative resolution procedure.
Stage
Committee stage
Type
EditBillBody
Clause
12
Page
8
Line
19
Marshalled no.
30
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 12

Clause 13 1

Amendment 31#3904Not movedNew clause / schedule
Amendment text
Insert the following new Clause—
“Requirement to hold annual member meeting

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
AddClauseOrSchedule
Position
After
Clause
13
Marshalled no.
31
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 13

Clause 14 3

Amendment 33#3902Not movedAmends text
Amendment text
after first “The” insert “annual statement and”
Stage
Committee stage
Type
EditBillBody
Clause
14
Page
8
Line
31
Marshalled no.
33
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 14
Amendment 34#3903Not movedAmends text
Amendment text
at end insert—
For the purposes of this section, the “annual statement” means the annual statement prepared under regulation 22 of the Occupational Pension Schemes (Charges and Governance) Regulations 2015 (additional requirements for relevant multi-employer schemes).”
Stage
Committee stage
Type
EditBillBody
Clause
14
Page
8
Line
32
Marshalled no.
34
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 14

Clause 16 3

Amendment 17#4652AgreedAmends text
Amendment text
at end insert—
The first regulations that are made under subsection (3) are subject to affirmative resolution procedure.”
Stage
Report stage
Type
EditBillBody
Clause
16
Page
10
Line
8
Marshalled no.
17
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 16
Amendment 18#4653AgreedAmends text
Amendment text
leave out “Regulations under this section” and insert “Any subsequent regulations under subsection (3), and regulations under subsection (2),”
Stage
Report stage
Type
EditBillBody
Clause
16
Page
10
Line
9
Marshalled no.
18
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 16

Clause 22 1

Amendment 36#3940Not movedAmends text
Amendment text
at end insert “and members”
Stage
Committee stage
Type
EditBillBody
Clause
22
Page
15
Line
34
Marshalled no.
36
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 22

Clause 23 1

Amendment 19#4684WithdrawnAmends text
Amendment text
at end insert “or for a new scheme funder to be put in place in relation to the Master Trust in accordance with regulations under section 24.”
Stage
Report stage
Type
EditBillBody
Clause
23
Page
16
Line
29
Marshalled no.
19
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs amended on Report· Clause 23

Clause 24 6

Amendment 20#4657Not movedAmends text
Amendment text
at end insert—
for the purpose of giving effect to continuity option 1 when the trustees have not been able to identify a Master Trust scheme to which members’ accrued rights and benefits may be transferred;
Stage
Report stage
Type
EditBillBody
Clause
24
Page
18
Line
8
Marshalled no.
20
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs amended on Report· Clause 24
Amendment 21#4685Not movedAmends text
Amendment text
at end insert—
specifying any requirements for putting in place a new scheme funder in relation to the Master Trust scheme for the purposes of section 23(5).”
Stage
Report stage
Type
EditBillBody
Clause
24
Page
18
Line
8
Marshalled no.
21
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs amended on Report· Clause 24
Amendment 37#3977WithdrawnAmends text
Amendment text
at end insert—
“except where the Pensions Regulator is satisfied that continuity is best achieved by the substitution of a new funder.”
Stage
Committee stage
Type
EditBillBody
Clause
24
Page
17
Line
3
Marshalled no.
37
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 24
Amendment 38#3954Not movedAmends text
Amendment text
at end insert—
for the purpose of giving effect to continuity option 1 when the trustees have not been able to identify a Master Trust scheme to which members’ accrued rights and benefits may be transferred;
Stage
Committee stage
Type
EditBillBody
Clause
24
Page
18
Line
8
Marshalled no.
38
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 24
Amendment 39#3967Not movedAmends text
Amendment text
at end insert—
to prohibit the use of member funds to meet the costs of transferring out of and winding up of Master Trust schemes.”
Stage
Committee stage
Type
EditBillBody
Clause
24
Page
18
Line
8
Marshalled no.
39
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 24
Amendment 40#4036Not movedAmends text
Amendment text
After “funds” insert “, beyond the normal capped pension scheme charges,”
Stage
Committee stage
Type
EditBillBody
Clause
24
Page
18
Line
8
Marshalled no.
40
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 24

Clause 25 1

Amendment 41#3968Not movedAmends text
Amendment text
at end insert “, and if it is so satisfied the trustees must notify employees and members to that effect”
Stage
Committee stage
Type
EditBillBody
Clause
25
Page
18
Line
31
Marshalled no.
41
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 25

Clause 26 1

Amendment 22#4666Not movedAmends text
Amendment text
after “strategy” insert “, which may include the substitution of a new funder,”
Stage
Report stage
Type
EditBillBody
Clause
26
Page
19
Line
12
Marshalled no.
22
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs amended on Report· Clause 26

Clause 27 1

Amendment 42#3969Not movedAmends text
Amendment text
after “charges” insert “, including any caps on these charges, ”
Stage
Committee stage
Type
EditBillBody
Clause
27
Page
19
Line
34
Marshalled no.
42
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 27

Clause 28 2

Amendment 43#3955Not movedAmends text
Amendment text
after “employers” insert “and members”
Stage
Committee stage
Type
EditBillBody
Clause
28
Page
20
Line
22
Marshalled no.
43
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 28
Amendment 44#3956Not movedAmends text
Amendment text
leave out “negative” and insert “affirmative”
Stage
Committee stage
Type
EditBillBody
Clause
28
Page
20
Line
40
Marshalled no.
44
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 28

Clause 31 5

Amendment 46#3975Not movedAmends text
Amendment text
leave out line 11 and insert—
“is to be held in escrow or otherwise held for the member under such arrangements with the Pensions Regulator as are specified by regulations (except where the amount is an unauthorised payment, in which case it is to be repaid to the member in question by the employer);”
Stage
Committee stage
Type
EditBillBody
Clause
31
Page
22
Line
11
Marshalled no.
46
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 31
Amendment 47#4042AgreedAmends text
Amendment text
at end insert—
a direction that no benefits (or no specified benefits) are to be paid to or in respect of any members (or any specified members) under the scheme rules;”
Stage
Committee stage
Type
EditBillBody
Clause
31
Page
22
Line
11
Marshalled no.
47
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Clause 31
Amendment 47A#4333Not movedAmends text
Amendment text
after “include” insert “—
amounts recoverable from HMRC in respect of tax relief on contributions due under relief at source arrangements, or
Stage
Committee stage
Type
EditBillBody
Clause
31
Page
22
Line
22
Marshalled no.
47A
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 31
Amendment 48#4043AgreedAmends text
Amendment text
at end insert—
““pension credit” means a credit under section 29(1)(b) of the Welfare Reform and Pensions Act 1999 or under corresponding Northern Ireland legislation;”
Stage
Committee stage
Type
EditBillBody
Clause
31
Page
22
Line
36
Marshalled no.
48
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Clause 31

Clause 36 1

Amendment 23#4654AgreedNew clause / schedule
Amendment text
Insert the following new Clause—
“Fraud compensation

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
AddClauseOrSchedule
Position
Before
Clause
36
Marshalled no.
23
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 36

Clause 37 1

Amendment 24#4655AgreedAmends text
Amendment text
at end insert—
The Secretary of State may by regulations make provision that is consequential upon any provision of this Part.
Stage
Report stage
Type
EditBillBody
Clause
37
Page
26
Line
40
Marshalled no.
24
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs amended on Report· Clause 37

Clause 38 1

Amendment 25#4669WithdrawnAmends text
Amendment text
after “charge”” insert “can include, where appropriate, transaction costs, and subject to that,”
Stage
Report stage
Type
EditBillBody
Clause
38
Page
27
Line
11
Marshalled no.
25
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs amended on Report· Clause 38

Clause 39 1

Amendment 78#3970Not movedAmends text
Amendment text
leave out paragraph (b)
Stage
Committee stage
Type
EditBillBody
Clause
39
Page
28
Line
1
Marshalled no.
78
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 39

Clause 40 4

Amendment 79#4018WithdrawnNew clause / schedule
Amendment text
Insert the following new Clause—
“Offence of unsolicited communications to members of pension schemes

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
AddClauseOrSchedule
Position
After
Clause
40
Marshalled no.
79
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 40
Amendment 80#4070WithdrawnNew clause / schedule
Amendment text
Insert the following new Clause—
“Automatic transfer of pension benefits, etc

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
AddClauseOrSchedule
Position
After
Clause
40
Marshalled no.
80
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 40
Amendment 81#4075WithdrawnNew clause / schedule
Amendment text
Insert the following new Clause—
“Calculation of pension scheme liabilities

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
AddClauseOrSchedule
Position
After
Clause
40
Marshalled no.
81
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 40
Amendment 81A#4159WithdrawnNew clause / schedule
Amendment text
Insert the following new Clause—
“Secondary Annuity Market for pensions savings

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
AddClauseOrSchedule
Position
After
Clause
40
Marshalled no.
81A
Decision
The amendment was withdrawn after debate and no decision was taken on it.
Tabled againstAs introduced· Clause 40

Clause 43 1

Amendment 82#3971Not movedAmends text
Amendment text
at end insert “, subject to subsection (2A).
The Secretary of State may not make regulations under subsection (2) bringing Part 1 into force unless the Secretary of State has laid before each House of Parliament a comprehensive assessment of the impact of Part 1.”
Stage
Committee stage
Type
EditBillBody
Clause
43
Page
29
Line
30
Marshalled no.
82
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Clause 43

Schedule 1 4

Amendment 49#4044AgreedAmends text
Amendment text
at end insert “, and
a direction under section 31(5)(ca) does not prevent the payment becoming due.”
Stage
Committee stage
Type
EditBillBody
Schedule
1
Page
30
Line
26
Marshalled no.
49
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 1
Amendment 50#3972Not movedAmends text
Amendment text
at end insert—
payments relating to ill health.”
Stage
Committee stage
Type
EditBillBody
Schedule
1
Page
30
Line
26
Marshalled no.
50
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Schedule 1
Amendment 51#4045AgreedAmends text
Amendment text
at end insert—
Regulations under sub-paragraph (6) override any provision of the Master Trust scheme, to the extent that there is a conflict.”
Stage
Committee stage
Type
EditBillBody
Schedule
1
Page
31
Line
23
Marshalled no.
51
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 1
Amendment 52#4046AgreedAmends text
Amendment text
leave out from “effect” to end of line 41 and insert “for a further three months.”
Stage
Committee stage
Type
EditBillBody
Schedule
1
Page
31
Line
40
Marshalled no.
52
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 1

Schedule 2 12

Amendment 54#3973Not movedAmends text
Amendment text
at end insert—
For the avoidance of doubt, in these circumstances no costs incurred by the scheme are to be borne by members.”
Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
37
Line
7
Marshalled no.
54
Decision
The amendment was not moved. The House was not invited to take a decision on it (though it may have been debated with other amendments).
Tabled againstAs introduced· Schedule 2
Amendment 55#4047AgreedAmends text
Amendment text
leave out “application has not yet been determined” and insert “decision on the application has not yet become final (see section 35)”
Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
37
Line
16
Marshalled no.
55
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2
Amendment 57#4048AgreedAmends text
Amendment text
at end insert—
“3A Existing Master Trust schemes: pause orders
Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
38
Line
9
Marshalled no.
57
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2
Amendment 58#4049AgreedAmends text
Amendment text
leave out from “if” to end of line 19 and insert “at the end there were inserted—
In the case of a notification under subsection (5) relating to an existing Master Trust scheme, the notification must also include an explanation that the decision is a triggering event for the purposes of sections 20 to 33A, and of the trustees’ duties under those sections.
Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
38
Line
10
Marshalled no.
58
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2
Amendment 59#4050AgreedAmends text
Amendment text
leave out paragraph 10
Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
38
Line
20
Marshalled no.
59
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2
Amendment 60#4051AgreedAmends text
Amendment text
leave out paragraphs (a) and (b) and insert—
in subsection (2)—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
38
Line
26
Marshalled no.
60
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2
Amendment 61#4052AgreedAmends text
Amendment text
leave out from “if” to end of line 40 and insert “—
in subsection (2)(a)—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
38
Line
38
Marshalled no.
61
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2
Amendment 62#4053AgreedAmends text
Amendment text
leave out from “if” to end of line 43 and insert “—
in subsection (2)—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
38
Line
41
Marshalled no.
62
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2
Amendment 63#4054AgreedAmends text
Amendment text
at end insert—
Section 28 (duty to pursue continuity option) has effect as if, in subsection (3)(a), after “2” there were inserted “, 2A”.”
Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
38
Line
43
Marshalled no.
63
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2
Amendment 64#4055AgreedAmends text
Amendment text
leave out paragraphs (a) and (b) and insert—
in subsection (1)—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
38
Line
46
Marshalled no.
64
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2
Amendment 65#4056AgreedAmends text
Amendment text
leave out paragraphs (a) and (b) and insert—
in subsection (1)—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
EditBillBody
Schedule
2
Page
39
Line
12
Marshalled no.
65
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 2

Schedule 3 12

Amendment 66#4068AgreedAmends text
Amendment text
after “of” insert “and Schedule 1 to”
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
39
Line
31
Marshalled no.
66
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 67#4057AgreedAmends text
Amendment text
after “of” insert “and paragraph 1(6A) of Schedule 1 to”
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
39
Line
35
Marshalled no.
67
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 68#4058AgreedAmends text
Amendment text
after “of” insert “and Schedule 1 to”
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
39
Line
38
Marshalled no.
68
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 69#4059AgreedAmends text
Amendment text
after “of” insert “and paragraph 1(6A) of Schedule 1 to”
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
39
Line
42
Marshalled no.
69
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 70#4060AgreedAmends text
Amendment text
after “of” insert “and Schedule 1 to”
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
40
Line
5
Marshalled no.
70
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 71#4061AgreedAmends text
Amendment text
after “of” insert “and paragraph 1(6A) of Schedule 1 to”
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
40
Line
9
Marshalled no.
71
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 72#4062AgreedAmends text
Amendment text
at end insert—
In section 93(2) (“regulatory functions” of the Regulator subject to procedure), omit the “and” at the end of paragraph (p) and after that paragraph insert—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
40
Line
39
Marshalled no.
72
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 73#4063AgreedAmends text
Amendment text
leave out lines 42 to 44
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
40
Line
42
Marshalled no.
73
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 74#4064AgreedAmends text
Amendment text
after “of” insert “and Schedule 1 to”
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
41
Line
15
Marshalled no.
74
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 75#4065AgreedAmends text
Amendment text
after “of” insert “and paragraph 1(6A) of Schedule 1 to”
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
41
Line
19
Marshalled no.
75
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 76#4066AgreedAmends text
Amendment text
leave out lines 24 and 25
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
41
Line
24
Marshalled no.
76
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3
Amendment 77#4067AgreedAmends text
Amendment text
at end insert—
The power to give a direction under section 28(4) (direction to pursue continuity option).”
Stage
Committee stage
Type
EditBillBody
Schedule
3
Page
41
Line
27
Marshalled no.
77
Decision
This amendment was agreed to. Where a member has given notice of their intention to oppose a Clause/Schedule standing part of a Bill, 'agreed' indicates that the Clause/Schedule was removed from the Bill.
Tabled againstAs introduced· Schedule 3