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Proceeding contribution from Mark Hoban (Conservative) 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 thank my right hon. Friend. When designing the scheme, we considered seriously how to ensure that policyholders would benefit as much as possible from the payments. If we had been less generous, we would have been accused of clawing back money through the back door, and that is an impression that we want to dispel.


Secondary information

Type
Proceeding contribution
Reference
518 c340 
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