Proceeding contribution from Andy Reed (Labour) in the House of Commons on Thursday, 7 December 2006. It occurred during Estimates day on Occupational Pensions.
Occupational Pensions
Like my hon. Friend the Member for North-West Leicestershire (David Taylor), I have many constituents affected by the BUSM collapse. One of them alleges that, in other countries affected, the distribution on wind-up was protected by law. Can my hon. Friend confirm that a loophole in the 1995 Act allows wind-ups in this country to take place without protection? While the leaflet is important, it is clearly the 1995 legislation that is the fundamental problem.
Secondary information
- Type
- Proceeding contribution
- Reference
- 454 c517
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Workplace pensions Pensions Ombudsman Parliamentary Commissioner for Administration Health Service Commissioner
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2025-11-24 10:07:37 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_364197
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