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Proceeding contribution from Lord Hunt of Wirral (Conservative) in the House of Lords on Monday, 14 July 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.


Pensions Bill

In our hour of need, as the noble Baroness says. I sense that the noble Baroness, Lady Hollis of Heigham, is moving because in that Division she voted against these amendments as she then held ministerial office. Last year, she did not appear in the voting Lobbies and I sense that there are ways in which we can find some form of accommodation so that the voice of this House can be heard. I thank my noble friend Lord Fowler for a powerful speech. The noble Baroness, Lady Turner of Camden, shares my concern about final salary schemes. We must find a way through that in our debates. I would especially like to single out my noble friend Lord Skelmersdale on my Front Bench for emphasising that basic human right. It represents personal savings and deferred wages which belong to the individual. My noble friend Lady Noakes pointed out that there are tax implications and that we should be able to find a way through to give individuals choice, freedom and right to property, which I advanced at the outset. It would be churlish not to accept the offer made by the Minister. Therefore, I seek leave to withdraw the amendment. Amendment, by leave, withdrawn. [Amendments Nos. 128 and 129 not moved.]


Secondary information

Type
Proceeding contribution
Reference
703 c1019-20 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Compensation Companies Annuities Competition Administrative delays Equality Health Eligibility Gender Income tax Divorce Insolvency Discrimination Financial assistance scheme Index linking Private sector Workplace pensions Pensions Lump sum payments Pension Protection Fund PAYE Scotland State retirement pensions Regulation Taxation Retirement State earnings related pension scheme Pensions Regulator Private equity Civil partnerships dissolution State second pension Impact assessments
Legislation
Pensions Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk