Frank Field nominated for House of Lords peerage

Former Work and Pensions Select Committee (WPC) chair, Frank Field, has been nominated for a House of Lords life peerage.

Field was WPC chair between 2015 and 2019, until he lost his Birkenhead seat in the December 2019 General Election after 40 years as its MP.

He resigned the Labour Party whip in August 2018, citing anti-semitism in the party, leading to his departure from the Labour Party and standing as a candidate for the newly formed Birkenhead Social Justice Party in the December 2019 election.

While WPC chair, Field’s work included monitoring The Pensions Regulator’s activities and powers, defined benefit pension scheme regulations, and inquiring into crises including Carillion and Arcadia.

He was not nominated by a specific party, receiving a non-affiliated nomination.

Alongside Field, former Newton Investment Management CEO and 30 Per Cent Club founder, Dame Helena Morrissey was nominated for House of Lords peerage.

She also served as chair of the Investment Association between 2013 and 2017, and was nominated by Conservative Prime Minister, Boris Johnson.

Union Pension Services director, Bryn Davies, was also nominated for a peerage, by former Labour Party leader, Jeremy Corbyn.

Davies was previously Trades Union Congress pensions officer and has been a fellow of the Institute of Actuaries since 1974.

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