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Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Wednesday, 24 November 2010. It occurred during Debate on bill on Equitable Life (Payments) Bill.


Equitable Life (Payments) Bill

My Lords, the Minister has been very full in his replies. Could he comment on one specific point? I think that he has confirmed that the comparator is on a gross-of-tax basis. Therefore, if WPAs who have been kept whole in addition get a tax exemption, does that not provide for that group more than its actual loss on that basis?


Secondary information

Type
Proceeding contribution
Reference
722 c1158 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Compensation Insolvency Equitable Life Assurance Society Pensioners Equitable Life Ex-gratia Payment Scheme Review National Savings and Investments
Legislation
Equitable Life (Payments) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk