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Proceeding contribution from Adrian Bailey (Labour) in the House of Commons on Thursday, 7 December 2006. It occurred during Estimates day on Occupational Pensions.


Occupational Pensions

I hope that I am not misrepresenting my hon. Friend’s argument, which is that the Government should pay compensation because they failed to implement an adequate regulatory framework to maintain the solvency of pension schemes. If one accepts that argument, there is a problem with the situation before 1995, when the regulatory framework was even weaker and a number of pension schemes went bust. Would the Government not have to consider compensating those people, if they were to accept that basis for paying compensation?


Secondary information

Type
Proceeding contribution
Reference
454 c526 
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