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Proceeding contribution from Charlie Elphicke (Conservative) in the House of Commons on Tuesday, 14 September 2010. It occurred during Debate on bill on Equitable Life (Payments) Bill.


Equitable Life (Payments) Bill

I absolutely agree with my hon. Friend. More than that, I urge Ministers to consider carefully a more generous compensation scheme than that recommended by the Chadwick report. I also urge them to consider making staged payments over some years, given the current pressure on the public finances as the nation today stands pretty much bankrupt. I hope that Ministers will give those points careful consideration when they bring forward the detail of the compensation package.


Secondary information

Type
Proceeding contribution
Reference
515 c837-8 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Compensation Financial services Insolvency Equitable Life Assurance Society Pensioners Payments Regulation Equitable Life Ex-gratia Payment Scheme Review Parliamentary and Health Service Ombudsman Equitable Members Action Group
Legislation
Equitable Life (Payments) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk