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Proceeding contribution from David Leslie Taylor (Labour) in the House of Commons on Tuesday, 17 April 2007. It occurred during Opposition day on Occupational Pensions.


Occupational Pensions

On pension fund deficits, surely the right hon. Gentleman should refer, at least in part, to the fact that after a long boar market the FTSE 100 was at about 7,000 on 31 December 1999, and that it halved to 3,500 by March 2003. Surely that played a huge role in the decline of pension funds, at least for a period—as we sit here today, it has, of course, almost climbed back to those levels. Why does he not refer to that? It is important, is it not?


Secondary information

Type
Proceeding contribution
Reference
459 c204 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Pensioners Workplace pensions Pensions Personal pensions Pension funds Treasury
Link
View this Proceeding contribution on www.publications.parliament.uk