Proceeding contribution from Lord Oakeshott of Seagrove Bay (Liberal Democrat) in the House of Lords on Friday, 24 March 2006. It occurred during Debates on delegated legislation on Occupational Pension Schemes (Levies) (Amendment) Regulations 2006.
Occupational Pension Schemes (Levies) (Amendment) Regulations 2006
My Lords, I have two comments to make, but no objections to the regulations. First, I take this opportunity—because I think it is the only one that I will have—to pay tribute to the good work of Myra Kinghorn as chief executive of the Pension Protection Fund. I was sad to see that she announced the other day that she has decided to leave that job. She has done a good job setting up the PPF on the basis that was intended by Parliament in our extensive and detailed debates and in the amendments passed against the Government. That has been properly followed and generally, with Lawrence Churchill, she has got a very difficult show on the road. What is the timescale for replacing Myra Kinghorn in that important job? What progress is being made? It is important that a chief executive is in place as soon as possible. Secondly, as we have been discussing ombudsmen, who are in the news, we are all interested in their status and significance or, to put it more brutally, whether anyone has to take a blind bit of notice of what they say. Can the Minister remind us the status of the PPF ombudsman if he ever has to give a ruling?
Secondary information
- Type
- Proceeding contribution
- Reference
- 680 c522-3
- Session
- 2005-06
- Chamber / Committee
- House of Lords chamber
- Subjects
- Compensation Administration Fees and charges Workplace pensions Pensions Pension funds Pension Protection Fund Pension Protection Fund Ombudsman
- Legislation
- Occupational Pension Schemes (Levies) (Amendment) Regulations 2006
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 20:17:13 +0100
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