 It was 14 years later in 1964 before he returned to Parliament, representing Norwich North.He retired from the House of Commons at the February 1974 election, and became a life peer as Baron Wallace of Coslany, of Coslany in the City of Norwich, on 17 January 1975.Wallace served as a Lord-in-waiting from 1977 to 1979, and was a member of the Commonwealth War Graves Commission from 1970 to 1986.