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Ministerial statement on Thursday, 16 March 2006, in the House of Commons, led by Lord Hutton of Furness.


Occupational Pensions

Statement on the Parliamentary Ombudsman's report on the security of final salary occupational pensions.


Secondary information

Type
Parliamentary proceeding
Reference
443 c1620-38 
Session
2005-06
Department
Department for Work and Pensions
Chamber / Committee
House of Commons chamber
Proceeding contributions
David Gauke | 443 c1638 (Link to this contribution) The Secretary of State has given the impression today that not only was there no Government maladmin...
Lord Hutton of Furness | 443 c1638 (Link to this contribution) We have set out clearly, today and yesterday, why we do not agree with the ombudsman in her principa...
Show all contributions (67)
Lord Hutton of Furness | 443 c1638 (Link to this contribution) No, I do not accept any of those allegations. We are the first Government to accept that there is a ...
Lord Hutton of Furness | 443 c1637 (Link to this contribution) With great respect to the hon. Gentleman, that legal case is still continuing, and I do not want to ...
Adam Price | 443 c1636-7 (Link to this contribution) Will the Secretary of State confirm that the European Commission has conducted its own study of thes...
Lord Hutton of Furness | 443 c1636 (Link to this contribution) There is no question but that the issue of solvent employers is probably the most difficult issue th...
Lord Wills | 443 c1636 (Link to this contribution) May I add my plea to that of my right hon. Friend the Member for Southampton, Itchen (Mr. Denham) th...
Mike Penning | 443 c1637 (Link to this contribution) In good faith, I took a delegation of the 700 Dexion workers who had had their pensions stolen from ...
Charles Walker | 443 c1637 (Link to this contribution) Does the Secretary of State accept that the Government’s stewardship of our pensions over the past n...
Lord Hutton of Furness | 443 c1637-8 (Link to this contribution) Yes, I am always willing to meet the constituents of hon. Members in such circumstances; I have done...
Andrew Turner | 443 c1638 (Link to this contribution) I usually feel sympathy for the monkey when it is clearly the organ grinder who has messed up. I wou...
Lord Hutton of Furness | 443 c1637 (Link to this contribution) It was clearly not appropriate for me to say at that meeting, before the ombudsman’s report had been...
Paul Robert Holmes | 443 c1637 (Link to this contribution) I have been raising this issue in the House since shortly after I was first elected to Parliament in...
Lord Hutton of Furness | 443 c1627 (Link to this contribution) Recent research shows that the figure was never £5 billion. The sum was accompanied by tax cuts for ...
Speaker | 443 c1627 (Link to this contribution) Order. Before I call the next speaker, the Front-Bench statement and response have taken almost half...
Lord Hutton of Furness | 443 c1626-7 (Link to this contribution) I agree, in some respects, with what the hon. Gentleman has said. It is important that we establish ...
Lord Hammond of Runnymede | 443 c1624-6 (Link to this contribution) May I start with the bit that the Secretary of State missed out? On behalf of Opposition Members, I ...
Lord Hutton of Furness | 443 c1623-4 (Link to this contribution) The financial assistance scheme will top up those people’s pensions with financial support, to give ...
Speaker | 443 c1623 (Link to this contribution) Order. It is customary to hear statements of this kind in silence. Hon. Members will have their own ...
Lord Hutton of Furness | 443 c1620-3 (Link to this contribution) With permission, I should like to make a statement on the ombudsman’s report on the security of fina...
Speaker | 443 c1627 (Link to this contribution) Order. This is a very serious matter that affects many thousands of people outside this House. I thi...
Lord Hutton of Furness | 443 c1633 (Link to this contribution) Yes, I agree with my hon. Friend and I can give her that assurance. As part of the review of the fin...
Kali Mountford | 443 c1633 (Link to this contribution) In my view, ordinary people’s typical behaviour when making what they perceive as an ordinary decisi...
Lord Hutton of Furness | 443 c1632-3 (Link to this contribution) I have made it clear that no Government can take responsibility for underwriting the total value of ...
Mike Weir | 443 c1632 (Link to this contribution) In the statement, the Secretary of State said that the financial assistance scheme would help up to ...
Lord Hutton of Furness | 443 c1631 (Link to this contribution) I fully accept what my right hon. Friend says. This is a very difficult group of cases, and I pay tr...
Roger Gale | 443 c1631 (Link to this contribution) I believe that the Secretary of State is an honourable and a decent man, but it saddens me that he h...
John Denham | 443 c1631 (Link to this contribution) My right hon. Friend talked about extending the financial assistance scheme. When he does that, will...
Lord Hutton of Furness | 443 c1632 (Link to this contribution) That is why the financial assistance scheme was established: to provide financial assistance and sup...
Lord Hutton of Furness | 443 c1631-2 (Link to this contribution) I am grateful to the hon. Gentleman for his opening remarks. The essence of our argument is that we...
Anne Begg | 443 c1632 (Link to this contribution) We can bandy accusations all afternoon as to who is to blame for the collapse of occupational pensio...
Sandra Osborne | 443 c1630 (Link to this contribution) I welcome the fact that the Secretary of State will look at the financial assistance scheme again. I...
Julie Kirkbride | 443 c1631 (Link to this contribution) Whatever the reasons for his announcement, does the Secretary of State accept that all this is a bit...
Lord Hutton of Furness | 443 c1630 (Link to this contribution) I fully respect the views that my hon. Friend has expressed. As it happens, I am meeting my right ho...
Lord Hutton of Furness | 443 c1627 (Link to this contribution) I am grateful to my hon. Friend for his support. My right hon. Friend the Prime Minister made it cle...
David Laws | 443 c1627-9 (Link to this contribution) I am grateful to the Secretary of State for advance sight of his statement, but I fear that his resp...
Derek Wyatt | 443 c1629 (Link to this contribution) Does my right hon. Friend agree that it is time that the parliamentary ombudsman was brought within ...
Lord Hutton of Furness | 443 c1629-30 (Link to this contribution) I think that I had better steer clear of the first part of my hon. Friend’s question, because it is ...
Iain Duncan Smith | 443 c1630 (Link to this contribution) The Secretary of State’s statement is shameful. It is an outrage to come to the House and systematic...
Lord Hutton of Furness | 443 c1630 (Link to this contribution) I absolutely reject what lies behind the right hon. Gentleman’s comments. They are not accurate and ...
Lord Hutton of Furness | 443 c1636 (Link to this contribution) The information to which the hon. Gentleman refers is the information that successive Governments ha...
Julian Lewis | 443 c1636 (Link to this contribution) I warmly welcome the glimmer of hope that the Secretary of State has given for the first time to APW...
Lord Hutton of Furness | 443 c1636 (Link to this contribution) Yes, we will put our figures in the full response to the ombudsman’s report.
Lord Bellingham | 443 c1636 (Link to this contribution) Is the Secretary of State aware that there is a large number of former employees of the Albert Fishe...
Lord Hutton of Furness | 443 c1636 (Link to this contribution) I think that those payments are included. We will set out the full details of the costings when we p...
David Leslie Taylor | 443 c1635-6 (Link to this contribution) Among the 85,000 personal tragedies are the 572 deferred pensioners involved in the fund collapse in...
Lord Hutton of Furness | 443 c1635 (Link to this contribution) I can only say to the hon. Gentleman, for whom I have a great deal of respect, that it is impossible...
Lord Hutton of Furness | 443 c1635 (Link to this contribution) I fully understand my hon. Friend’s concerns and those of his constituents. That is precisely why we...
Richard Shepherd | 443 c1635 (Link to this contribution) As the Secretary of State knows, based on a recommendation by the Government Actuary, the national i...
Lord Hutton of Furness | 443 c1635 (Link to this contribution) I have already made it clear that the £45 billion figure is rubbish. On the hon. Gentleman’s point a...
Frank Doran | 443 c1635 (Link to this contribution) I welcome my right hon. Friend’s statement and especially his commitment to reviewing the financial ...
Jim Cunningham | 443 c1634 (Link to this contribution) May I reinforce the point that the Secretary of State should examine the position with some urgency ...
Lord Hutton of Furness | 443 c1634 (Link to this contribution) The ombudsman has prepared a thorough report and reached conclusions. We disagree with them.
Lord Hutton of Furness | 443 c1634 (Link to this contribution) I agree with my hon. Friend. It is important to expedite the review of the financial assistance sche...
Steve Webb | 443 c1634 (Link to this contribution) The Secretary of State appears to say one of two things: either the ombudsman is ill informed and ha...
Speaker | 443 c1634 (Link to this contribution) Order. It would help if the Secretary of State addressed the House or, at least, his microphone, par...
Lord Hutton of Furness | 443 c1634 (Link to this contribution) My apologies, Mr. Deputy Speaker. Everyone is probably fed up to the back teeth with hearing from me...
Lord Hutton of Furness | 443 c1633 (Link to this contribution) We have considered the ombudsman’s report carefully. It is the first time in more than 40 years that...
Richard Burden | 443 c1633-4 (Link to this contribution) I welcome my right hon. Friend’s restatement of his willingness to review the financial assistance s...
Lord Hutton of Furness | 443 c1634 (Link to this contribution) On the first point, I do not want to sound repetitive, but we recognise that time is of the essence....
Speaker | 443 c1638 (Link to this contribution) Order. We must now move on the main business.
Terry Rooney | 443 c1627 (Link to this contribution) I congratulate my right hon. Friend on the clarity that he has brought to the situation. Will he con...
Lord Hutton of Furness | 443 c1629 (Link to this contribution) I can agree with some of the hon. Gentleman’s points, but I am afraid that I am unable to agree with...
Lord Goodman of Wycombe | 443 c1634-5 (Link to this contribution) Since 1995, public sector pensions, including ours and Ministers pensions, have become relatively mo...
Lord Dodds of Duncairn | 443 c1633 (Link to this contribution) There are many examples of great human tragedy and hardship among the hundreds of people affected by...
Subjects
Compensation Department for Work and Pensions Department of Social Security Liability Leaflets Maladministration Workplace pensions Misrepresentation Parliamentary Commissioner for Administration Pension funds Pension rights
Legislation
Pensions Act 1995
Contains statistics
Yes
Link
View this Parliamentary proceeding on www.publications.parliament.uk