Proceeding contribution from Liam Byrne (Labour) in the House of Commons on Tuesday, 16 March 2010. It occurred during Opposition day on Equitable Life.
Equitable Life
I beg to move an amendment, to leave out from "House" to the end of the question and add:""recognises the vital role the Ombudsman plays in public life; reaffirms the duty of Parliament to support the office of the Ombudsman; notes that the High Court ruled that the Government's response to the Ombudsman's recommendations on Equitable Life, its establishment of an ex gratia payment scheme, and the terms of reference given to Sir John Chadwick were a rational response to the Ombudsman's report; notes that Sir John expects to produce his final advice in May; welcomes the Government's commitment to respond with details of a payment scheme within two weeks of receiving this advice; welcomes the Government's determination to establish a scheme administratively quicker and simpler to deliver than that envisaged by the Ombudsman; further notes that to abandon the Chadwick process so close to completion would add delay and hardship for policyholders; welcomes the ""Government's view that, while it cannot prejudge Sir John's final advice, there is a strong case for policyholders who have passed away to be included in the scheme and that it is neither desirable nor administratively feasible to means-test every individual policyholder; and recognises the impact and significant distress that maladministration and injustice have caused in respect of Equitable Life."" I, too, welcome the chance to debate Equitable Life today. I am grateful for some—not all—of the remarks that the hon. Member for Fareham (Mr. Hoban) made. In particular, I am grateful for his clarification that it is the position of the Opposition at this stage to support the Chadwick process. Perhaps later contributions will help me to reconcile that with the sentence in the motion that he moved, in which he seeks to set a clear timetable for implementing the ombudsman's recommendations, rather than acknowledging support for the John Chadwick process. Perhaps we can return to the matter over the course of the afternoon.
Secondary information
- Type
- Proceeding contribution
- Reference
- 507 c750-1
- Session
- 2009-10
- Chamber / Committee
- House of Commons chamber
- Subjects
- Equitable Life Assurance Society
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 20:33:50 +0100
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