The right hon. Gentleman has been extremely generous. I ask my question on behalf of a number of constituents who are worried—that is, a clearly defined group of people who are finite in number, who took early retirement through a private pension scheme that has subsequently gone bankrupt. The Secretary of State knows that as a result of previous changes to legislation, such people get a much reduced income, although they could not have anticipated such a change in their circumstances at the time of making those arrangements. Will he therefore consider using the Bill as a vehicle to address the wrong done to that group, who could not anticipate the change in their arrangements, given that as a result of the PPF, anybody considering taking early retirement in the future will be well aware that their income in later life might be reduced?
Pensions Bill
Proceeding contribution from
Julie Kirkbride
(Conservative)
in the House of Commons on Tuesday, 16 January 2007.
It occurred during Debate on bills on Pensions Bill.
About this proceeding contribution
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455 c669 Session
2006-07Chamber / Committee
House of Commons chamberSubjects
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