My Lords, I shall deal with the equity release issue first. Assessed income periods were never intended to enable people to shield their income and capital from interaction with the means-tested system. Pension credit is a safety net benefit providing support for daily living needs for the poorest and, as such, should be a last resort.
Pensions Bill
Proceeding contribution from
Lord Freud
(Conservative)
in the House of Lords on Wednesday, 15 January 2014.
It occurred during Debate on bills
and
Committee proceeding on Pensions Bill.
About this proceeding contribution
Reference
751 c125GCSession
2013-14Chamber / Committee
House of Lords Grand CommitteeLibrarians' tools
Timestamp
2015-03-26 19:43:29 +0000
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