Pension Reform

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons at 2:30 pm on 31st October 2005.

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Photo of David Drew David Drew Labour, Stroud 2:30 pm, 31st October 2005

My right hon. Friend will know that some of us are very grateful to the Government for the financial assistance scheme, which is the responsibility of his Department and the Department of Trade and Industry. I am grateful for the help that has been given in my constituency to people with the Lister Petter pension scheme. However, we now need to look forward in order to assist those who are not in line for the immediate first tranche of help. About 20 people have been helped already, but hundreds more need to know that the Government are committed to bringing forward proper procedures to help them, as it is through no fault of their own that their company pension schemes have been liquidated. Can my right hon. Friend give an opinion on that?