I am somewhat confused by what the noble Lord, Lord Whitty, said. Schedule 7 to the 2004 Act is all about the activities of the Pension Protection Fund; it has nothing to do with the FAS. That said, I have listened carefully to his arguments. I do not think that the amendment, even if it should apply to the FAS, would add measurably to what is currently going on. I understand that both the PPF and the FAS have special procedures in place to speed up claims from terminally ill pensioners. I hope that the Minister will be able to give an edited version of what procedures are available in that regard. If they are satisfactory, as I believe they are, adding more special cases, with all the attendant administration costs and complexities, would do more harm than good.
Pensions Bill
Proceeding contribution from
Lord Skelmersdale
(Conservative)
in the House of Lords on Wednesday, 6 June 2007.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Pensions Bill.
About this proceeding contribution
Reference
692 c1220 Session
2006-07Chamber / Committee
House of Lords chamberSubjects
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