PARLIAMENTARY EARLY DAY MOTION
FUNDED PENSIONS (1 July 2002)

Motion Details

That this House notes the protests being made by the employees of the Caparo group over the decision by that company to replace its final salary pension scheme; further notes the reported comments of Lord Paul, the head of the Caparo Steel Group and Labour donor, citing the Government's decision in 1997 to raise an extra ú5 billion a year by cutting dividend tax relief for pension funds as one of the reasons why Caparo was abandoning its final salary scheme; and calls on the government to acknowledge the depth of concern felt by millions of pension contributors over the crisis in funded pensions and the connection between that crisis and the Government's ú5 billion a year tax on pensions which has cost each pension contributor ú400 a year.

Sponsored by:
Lord Willetts (Conservative)

EDMS Sponsor By Party

Party
Votes
%
 
Conservative
52
88%
 
 
Democratic Unionist Party
2
3%
 
 
Independent
2
3%
 
 
Not Available
1
2%
 
 
Non-affiliated
1
2%
 
 
Plaid Cymru
1
2%
 
Sponsor List (59 sponsors)
Party
Member
Constituency
Con
Mr Peter Ainsworth
Con
Sir David Amess
Con
Mr Richard Bacon
Con
Lord Barker of Battle
Con
Lord Blencathra
Lord Boswell of Aynho
Con
Baroness Bottomley of Nettlestone
Con
Sir Peter Bottomley
Con
Sir Julian Brazier
DUP
Mr Gregory Campbell
East Londonderry
Con
Sir Sydney Chapman
Con
Mr James Clappison
Con
Sir Geoffrey Clifton-Brown
North Cotswolds
Con
Mr Peter Duncan
Con
Mr Adrian Flook
Con
Mr Mark Francois
Rayleigh and Wickford
Con
Lord Garnier
Con
Dame Cheryl Gillan
Con
Lord Goodman of Wycombe
Con
James Gray
Con
Lord Grayling
Con
Mr John Greenway
Con
Mr Nick Hawkins
Con
Charles Hendry
DUP
Mr Andrew Hunter
Con
Robert Key
Con
Sir Greg Knight
Con
Baroness Laing of Elderslie
Con
Mrs Jacqui Lait
Ind
Sir Oliver Letwin
Con
Sir Julian Lewis
New Forest East
Con
Sir Peter Luff
Con
Mr Andrew Mackay
Con
Baroness McIntosh of Pickering
Con
Dr Andrew Murrison
South West Wiltshire
Con
Mr Stephen O'Brien
Con
Mr George Osborne
Con
Lord Pickles
PC
Adam Price
Con
Sir Hugh Robertson
Con
Dame Marion Roe
Con
Andrew Rosindell
Romford
Con
Mr David Ruffley
Mr Jonathan Sayeed
Con
Andrew Selous
Con
Dame Caroline Spelman
Ind
Bob Spink
Con
Sir Gary Streeter
Con
Sir Desmond Swayne
New Forest West
Con
Lord Swire
Con
Mr John D. Taylor
Con
Mr Nigel Waterson
Con
Dame Angela Watkinson
Con
Sir John Whittingdale
Maldon
Con
Miss Ann Widdecombe
Con
Sir Bill Wiggin
Con
Lord Willetts (Sponsor)
Con
Mr David Wilshire
Con
Ann Winterton

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