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Proceeding contribution from Lord Bellingham (Conservative) in the House of Commons on Thursday, 16 March 2006. It occurred during Ministerial statement on Occupational Pensions.

Occupational Pensions

Is the Secretary of State aware that there is a large number of former employees of the Albert Fisher Group in my constituency whose pensions have been decimated and whose lives have been ruined? They will certainly be feeling no better after his lacklustre performance this afternoon. He has mentioned the figure of £15 billion. My constituents tell me that the capital required to give 100 per cent. relief to the 85,000 scheme members across the country is only £2.8 billion. If indexed, that would go up to £5.5 billion. Will the Secretary of State ensure that the correct figures are put in the Library?

Secondary information

Type
Proceeding contribution
Reference
443 c1636 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Compensation Department for Work and Pensions Department of Social Security Liability Leaflets Maladministration Workplace pensions Misrepresentation Parliamentary Commissioner for Administration Pension funds Pension rights
Legislation
Pensions Act 1995
Link
View this Proceeding contribution on www.publications.parliament.uk