Adjournment debate on Tuesday, 26 February 2008, in the House of Commons, led by George Howarth. The answering member was Mike O'Brien.
Marconi Pension Fund
Westminster Hall adjournment debate on the Marconi pension fund.
Secondary information
- Type
- Parliamentary proceeding
- Reference
- 472 c226-33WH
- Session
- 2007-08
- Department
- Department for Work and Pensions
- Chamber / Committee
- Westminster Hall
- Proceeding contributions
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George Howarth | 472 c226WH (Link to this contribution) What a pleasure it is to have the opportunity to raise this important issue in the debate today. The...
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Edward O'Hara | 472 c227WH (Link to this contribution) As my hon. Friend is quoting Mr. Truell, is he aware of another quotation from him? In Mr. Truell's ...
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Edward O'Hara | 472 c226WH (Link to this contribution) Before my hon. Friend moves on, it is worth noting that the value of the company is £200 million and...
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George Howarth | 472 c226WH (Link to this contribution) Typically, my hon. Friend makes a strong point, and it raises a question: why is Pension Corporation...
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George Howarth | 472 c227WH (Link to this contribution) My hon. Friend has again raised a very pertinent point, and I will cover that issue towards the end ...
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Mike O'Brien | 472 c228-9WH (Link to this contribution) It is a great pleasure to respond to this important debate under your chairmanship, Mr. Marshall. M...
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Lindsay Hoyle | 472 c227WH (Link to this contribution) I thank my hon. Friend for securing the debate, because it is pertinent to the people who are repres...
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George Howarth | 472 c227-8WH (Link to this contribution) It is significant that my hon. Friends the Members for Chorley (Mr. Hoyle), for Knowsley, South (Mr....
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Lindsay Hoyle | 472 c229WH (Link to this contribution) I know that my hon. and learned Friend will deal with all the issues, but may I say that we are talk...
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Mike O'Brien | 472 c229WH (Link to this contribution) My hon. Friend is entirely right that we are talking about all three. However, we are talking about ...
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Edward O'Hara | 472 c229WH (Link to this contribution) To put it simply, does the Minister agree that instead of treating a pension as a trust to protect a...
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Mike O'Brien | 472 c229-30WH (Link to this contribution) That is exactly the concern. Until now, companies have broadly regarded pensions as a trust or, in t...
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George Howarth | 472 c230WH (Link to this contribution) I am grateful to my hon. and learned Friend for that assurance. I recognise that the relationship be...
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Mike O'Brien | 472 c230WH (Link to this contribution) I will certainly ensure that that is done and that the regulator is also made aware of the concerns ...
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George Howarth | 472 c230WH (Link to this contribution) A legitimate vested interest.
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Mike O'Brien | 472 c230-1WH (Link to this contribution) A legitimate vested interest. However, there is also a wider interest, because the pension schemes o...
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George Howarth | 472 c231WH (Link to this contribution) My hon. and learned Friend has made a point about the need for capital standing behind the scheme to...
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Mike O'Brien | 472 c231-3WH (Link to this contribution) Of course, Pension Corporation will have its own view on that. As I have said, because there are som...
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George Howarth | 472 c230WH (Link to this contribution) Again, I am grateful to my hon. and learned Friend for that assurance. Will he confirm that trade un...
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Mike O'Brien | 472 c230WH (Link to this contribution) I certainly recognise, and have valued, the contributions made by the TUC and a number of trade unio...
- Subjects
- Workplace pensions Pension funds Marconi
- Link
- View this Parliamentary proceeding on www.publications.parliament.uk
Show all contributions (20)
Librarians' tools
- Timestamp
- 2023-12-05 19:23:08 +0000
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- http://data.parliament.uk/pimsdata/hansard/PROCEEDING_68726
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