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Proceeding contribution from Lord Oakeshott of Seagrove Bay (Liberal Democrat) in the House of Lords on Thursday, 7 July 2005. It occurred during Debates on delegated legislation on Financial Assistance Scheme Regulations 2005.


Financial Assistance Scheme Regulations 2005

The Minister said that perhaps he needed a L-plate. I am sure that with his enormous experience he does not; he probably just needs to keep a slight eye on the speed limits. On the regulations, I want to make it clear that our position is that people who would be eligible for benefits under the Financial Assistance Scheme should receive the same benefits as they would if they were eligible under the Pension Protection Fund. That is simple and straightforward and that is what we are putting forward. Having said that, I have three or four detailed questions and comments on the regulations. First, I heard the Minister say—the noble Lord will clarify this for me—that the first payments will be made, if possible, by December. The noble Lord said September, but is it September or December?


Secondary information

Type
Proceeding contribution
Reference
673 c104-5GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
Eligibility Exemptions Insolvency Financial assistance scheme Pensioners Workplace pensions Pensions Payments Pension funds Pension rights
Legislation
Financial Assistance Scheme Regulations 2005
Financial Assistance Scheme (Internal Review) Regulations 2005
Link
View this Proceeding contribution on www.publications.parliament.uk