Amendment summary
Baroness Noakes moved Motion G1, as an amendment to Motion G, at end to insert “and do propose the following amendment in lieu—
35B After Clause 57, insert the following new Clause—
“Sections 40, 42 and 44:regulations and competition among providers of pension schemes (1) In section 143 of the Pensions Act 2008, after subsection (1), insert—
“(1A) In making regulations under section 20(1A), 20(1C), 26(7A), 28A, 28B, 28E, 28F and 28J the Secretary of State must have regard to the benefits of competition among providers of pension schemes.”.
(2) In making regulations under sections 42 and 44 the appropriate authority must have regard to the benefits of competition among providers of pension schemes.””