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Equitable Life (Payments) Bill

A reasonable point from the hon. Lady. All I am saying is that the pledge that some Members signed did not say explicitly, ““As resources allow.”” [Interruption.] No, it does not say that in the pledge. The pledge simply says that they will have a fair and transparent payments scheme. I doubt very much that the vast majority of those other policyholders who will not be getting the 100%—clearly it will be welcomed by those with-profits annuitants, who are receiving 100% of their relative losses—but may be receiving, I am told, between 15 and 20% of their relative losses will feel that hon. Members who raised their hopes are actually fulfilling them.