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Proceeding contribution from Mike O'Brien (Labour) in the House of Commons on Wednesday, 25 July 2007. It occurred during Debate on bill on Pensions Bill.


Pensions Bill

The Government did not accept the lifeboat scheme for the very reason that we set out, which the Young review confirmed—that the basis of the scheme was full of financial holes. The Young report stated clearly that the idea that sitting in pension and insurance funds are assets that could easily be accessed is unrealistic as an option to help those pensioners.


Secondary information

Type
Proceeding contribution
Reference
463 c894 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Annuities Women Financial assistance scheme Pensions Parliamentary scrutiny Pension Protection Fund State retirement pensions Uprating
Legislation
Pensions Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk