Proceeding contribution from Lord Beith (Liberal Democrat) 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 welcome that announcement, but there is a group of people who are affected in multiple ways: those who have funds in Equitable Life that are not yet in payment and who have been given transfer values substantially below what they believe the fund to be worth, even now. If they are waiting up to three years, and take the money out, accepting the transfer penalty, will they invalidate their entitlement under the scheme?
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
Librarians' tools
- Timestamp
- 2023-12-15 13:23:07 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_679278
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_679278
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_679278