"My Lords, fairness dictates that the savings gateway and the children’s trust fund are worthy of greater consideration than straightforward abolition. Issues of affordability could be addressed by greater targeting and deferment. Policies focused on improving benefits and policies directed at asset-building for lower-income groups should not be seen as …..." Baroness Drake - View Speech
"My Lords, I should declare that I am a trustee of pension schemes with some members who have AVC savings in Equitable Life.
One has to enter the discussion on this Bill by acknowledging the extent of the anxiety and hardship that all too many Equitable Life policyholders have experienced. …..." Baroness Drake - View Speech