Proceeding contribution from Baroness Hollis of Heigham (Labour) in the House of Lords on Wednesday, 6 June 2007. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.
Pensions Bill
I cannot support these amendments because of the way in which they are framed, but, in principle, if one could devise a structure that ensured that there was no recourse to public funds, but because you needed to take an annuity to float you off benefit levels at a sum to be determined by the Secretary of State and, on the withdrawals of money, there was a fiscal adjustment so that it was financially neutral, would my noble friend then withdraw his objections?
Secondary information
- Type
- Proceeding contribution
- Reference
- 692 c1151
- Session
- 2006-07
- Chamber / Committee
- House of Lords chamber
- Subjects
- Assets Annuities Investment Insolvency Government assistance Financial assistance scheme Personal savings Workplace pensions Pensions Pension funds Pension Protection Fund Married people Pension rights Overseas residence
- Legislation
- Pensions Bill 2006-07
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 11:39:21 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_401273
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