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Proceeding contribution from Alan Simpson (Labour) in the House of Commons on Wednesday, 18 April 2007. It occurred during Debate on bill on Pensions Bill.

Pensions Bill

I appreciate the Minister’s clarification about the increase in overall funds. However, the last figures on payouts from the FAS that I received suggested that the amounts were not in the region of billions. So far, £12 million has been allocated to 1,000 of the 10,000 eligible pensioners. Of that £12 million, £4 million has gone to the pensioners, while £8 million has been spent on administration. Can the Minister give us any indication of how we can address this incredible delay during which the vast majority of pensioners have received nothing?

Secondary information

Type
Proceeding contribution
Reference
459 c327-8 
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