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Proceeding contribution from Rob Marris (Labour) in the House of Commons on Tuesday, 17 July 2007. It occurred during Debate on bill on Pensions Bill.


Pensions Bill

Can the hon. Gentleman distinguish between orphan assets, which have been much talked about in this Chamber for all kinds of pet projects over the years, including for youth provision, and what is commonly termed the inherited estate? I have a life assurance policy that will not pay out what it was expected to, yet the company has inherited estate assets which could be divided between shareholders and policyholders, such as myself and my wife. I do not want the hon. Gentleman coming along, as a result of these amendments or regulations consequent upon them, and nicking money that could come to me as a policyholder.


Secondary information

Type
Proceeding contribution
Reference
463 c209 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Company liquidations Assets Bank services Annuities Insolvency Financial assistance scheme Personal savings Low incomes Pensions Personal pensions Pension funds Pension Protection Fund State retirement pensions
Legislation
Pensions Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk