FINANCIAL ASSISTANCE SCHEME

Early day motion 980, tabled 8 November 2005 by Danny Alexander (Liberal Democrat). Signed by 77 members.

That this House notes with concern the anomalies and injustice caused by the operation of the Financial Assistance Scheme, and in particular that the sharp cut-off date has left many people who miss that date by just a few days without any compensating retirement income whatsoever, and that some people aged 58 years at the time their company scheme collapsed qualify for support while others aged 62 years do not; and calls upon the Government to consider urgently adapting the scheme to address these anomalies and to ensure that the scheme provides at least some assistance to those least able to replace their lost pension entitlements.

Signatures by party: Liberal Democrat 43, Labour 18, Conservative 10, DUP 3, Plaid Cymru 1, Scottish National Party 1, Social Democratic and Labour Party 1.