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Proceeding contribution from Fabian Hamilton (Labour) in the House of Commons on Wednesday, 10 November 2010. It occurred during Debate on bill and Committee of the Whole House (HC) on Equitable Life (Payments) Bill.


Equitable Life (Payments) Bill

I accept the Minister's point about the date not being arbitrary, but does he not accept that the regulatory failure affected those annuitants who could not change their annuities, even if they were purchased before September 1992? Along with those annuitants who purchased policies after September 1992, they continue to see a decline. Therefore, they were affected by regulatory failure.


Secondary information

Type
Proceeding contribution
Reference
518 c319 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Compensation Financial services Insolvency Equitable Life Assurance Society Pensioners Payments Equitable Life Ex-gratia Payment Scheme Review Ex gratia payments National Savings and Investments
Legislation
Equitable Life (Payments) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk