I welcome that announcement, but there is a group of people who are affected in multiple ways: those who have funds in Equitable Life that are not yet in payment and who have been given transfer values substantially below what they believe the fund to be worth, even now. If they are waiting up to three years, and take the money out, accepting the transfer penalty, will they invalidate their entitlement under the scheme?
Equitable Life (Payments) Bill
Proceeding contribution from
Lord Beith
(Liberal Democrat)
in the House of Commons on Wednesday, 10 November 2010.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Equitable Life (Payments) Bill.
Type
Proceeding contribution
Reference
518 c340
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 13:23:07 +0000
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