Here’s what the report to conference from the Federal Policy Committee (FPC) says on the matter:
The FPC has had a number of discussions on the implications for its role and the Party’s policy-making of our new status as a party of government. The FPC is very clear that the Party’s complete independence in policy-making shall continue. The Committee will be developing new ways of working both to ensure the maximum Liberal Democrat policy input into the Coalition Government, and also to continue to ensure a separate Liberal Democrat policy identity. In particular the FPC will developing a close working relationship with the new committees of MPs and peers established in the major policy areas.