UK Lords vote to scrap ‘mandation’ power from pensions bill

Lords vote to block ministers gaining power over pension investments

Peers warned of “dangerous” political interference in the market

Lords vote down Labour plan to control workplace pensions

Government accused of trying to ‘hide a dangerous power’ in pensions reform bill

Rachel Reeves's pension power grab DEFEATED in major blow to Labour - but 'win for savers'

The House of Lords has voted to strip provisions from the Pension Schemes Bill that would have granted ministers authority to dictate how pension funds allocate their assets

Reeves’ plan to get pension funds investing in Britain suffers Lords defeat

Peers strike down Treasury power to mandate where pension schemes invest.

Peers vote to scrap mandation power from Pension Schemes Bill

Trade body Pensions UK has welcomed the vote as “a win for savers”, as members of the House of Lords voted in favour of significant changes to the bill.

House of Lords votes to remove mandation power from Pension Schemes Bill

Members of the House of Lords have voted today (19 March) to remove the investment mandation power from the Pension Schemes Bill.