Proceeding contribution from Lord Skelmersdale (Conservative) in the House of Lords on Thursday, 15 March 2007. It occurred during Debates on delegated legislation on Pension Protection Fund (Pension Compensation Cap) Order 2007.
Pension Protection Fund (Pension Compensation Cap) Order 2007
The point of my question and the answer the Minister has just given is that there is something like a £200 million gap between the ceiling at the top and the actual gross levy at the bottom. Therefore one must begin to wonder whether the ceiling is a bit on the generous side. As I said earlier, I accept that it is too early to make that sort of judgment, but one ought to be thinking about it.
Secondary information
- Type
- Proceeding contribution
- Reference
- 690 c91GC
- Session
- 2006-07
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Compensation Costs Workplace pensions Pensions Mergers Pension funds Pension Protection Fund Pensions Regulator
- Legislation
- Pension Protection Fund (Pension Compensation Cap) Order 2006
- Occupational Pension Schemes (Levy Ceiling) Order 2007
- Occupational Pension Schemes (Levies) (Amendment) Regulations 2007
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 12:46:47 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_385317
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