Early day motion tabled by primary sponsor Tony Wright (Labour), on Wednesday, 22 November 2006, in the House of Commons. It is signed by 270 members in total.

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PEOPLE AFFECTED BY OCCUPATIONAL PENSIONS SCHEME WIND-UPS

That this House expresses its concerns about the continued distress of all those affected by the loss of their occupational pensions on wind-up; notes the reports from both the Parliamentary Ombudsman and the Public Administration Select Committee which identify the need for the Government to put together an effective resource package; is concerned that the measures introduced so far have been slower, and provided less help, than the measures introduced for members of Robert Maxwell's MGN pension scheme in the 1990s; believes that an effective compensation package could combine both taxpayer and non-taxpayer sources of funding; and recognises that such action is essential if future trust in pensions is to be established.

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Secondary information

Type

Early day motion

Reference

241 

Session

2006-07

Other sponsors

John Butterfill

Lord Field of Birkenhead

Baroness Stuart of Edgbaston

Jenny Willott

Alan Simpson

Subjects

Insolvency Financial assistance scheme Workplace pensions

Link

View this Early day motion on www.parliament.uk