Proceeding contribution from James Purnell (Labour) in the House of Commons on Wednesday, 18 April 2007. It occurred during Debate on bill on Pensions Bill.
Pensions Bill
The problem with the Conservative amendments is that they could expose the Government to compensation if annuity rates were to fall. They could expose the Government to moral hazard if people started to manipulate the rules. They could also expose the Government to legal challenge, including in the European Court of Justice. The last thing that the House should do is to raise pensioners’ expectations on the basis of amendments that have been hastily drawn up for this debate. Instead, we should have a proper review.
Secondary information
- Type
- Proceeding contribution
- Reference
- 459 c325
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Compensation Carers Assets Age Annuities Eligibility Insolvency Financial assistance scheme Pension credit Personal savings Low incomes Protection Pay Workplace pensions Pensions Payments Personal pensions Means-tested benefits Pension funds Pension Protection Fund Pension rights State retirement pensions Reform Uprating Personal Accounts Delivery Authority State second pension
- Legislation
- Pensions Bill 2006-07
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 11:34:50 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_390161
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_390161
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_390161