UK Parliament / Open data

Financial Assistance Scheme (Modifications and Miscellaneous Amendments) Regulations 2005

My Lords, these are the latest estimates that I have been given. However, they come with the caveat that at the moment it is very difficult to estimate the number of pensioners, and I think that we will have to wait until the end of February to have a clearer idea. It is important to consider the number who will benefit from the scheme in relation to the number of pensioners who may be affected by insolvent schemes but will not be eligible to receive payments from the FAS scheme. The figure of 85,000 that he has quoted may reflect estimates of the number of those people rather than of those who are eligible. As I say, it is early days. I cannot say much more at this stage, but I will come back to the noble Lord when I have further information.

About this proceeding contribution

Reference

675 c1579 

Session

2005-06

Chamber / Committee

House of Lords chamber
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