The point of my question and the answer the Minister has just given is that there is something like a £200 million gap between the ceiling at the top and the actual gross levy at the bottom. Therefore one must begin to wonder whether the ceiling is a bit on the generous side. As I said earlier, I accept that it is too early to make that sort of judgment, but one ought to be thinking about it.
Pension Protection Fund (Pension Compensation Cap) Order 2007
Proceeding contribution from
Lord Skelmersdale
(Conservative)
in the House of Lords on Thursday, 15 March 2007.
It occurred during Debates on delegated legislation on Pension Protection Fund (Pension Compensation Cap) Order 2007.
Type
Proceeding contribution
Reference
690 c91GC 
Session
2006-07
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-15 12:46:47 +0000
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