Written evidence to be reported to the House for publication
Pensions Bill
Public Bill Committees, 25 January 2007, 9:10 am
Nigel Waterson (Shadow Minister, Work & Pensions; Eastbourne, Conservative)
On a point of order, Mr. Taylor. Today is a very important day in the pensions universe. This morning, the European Court of Justice is handing down its judgment in a case brought by Amicus on behalf of former members of the Allied Steel and Wire pension fund. That is massively important, first, for the 125,000 people who have lost their pensions, secondly, because of the estimated £6 billion compensation bill that the Government might be ordered to pay and, thirdly, because the Pension Protection Fund might have to increase its levies on industry by 500 per cent. Has the Minister indicated to you whether he intends to let us have copies of the judgment or to make a statementon it?