"Does my hon. Friend agree that in the light of all the exemptions, we are actually talking not about the children, but about the responsibilities of the parents? Are we not seeing here a reassertion, rightly, of the responsibilities of parents for unemployed young people under the age of 21?..." Oliver Letwin - View Speech
That this House has considered the advice given to AEA pension scheme pensioners.
I am grateful to my hon. Friend the Minister, who is indeed honourable and a friend and a Minister. As I mentioned to him outside the Chamber, the gist of what I want …..." Oliver Letwin - View Speech
"I am grateful to the former Secretary of State for Work and Pensions, my right hon. Friend the Member for Preseli Pembrokeshire (Stephen Crabb), with whom I have dealt on various occasions in even more vexed circumstances. He is absolutely right. The gist of what I am talking about is …..." Oliver Letwin - View Speech
"My right hon. Friend is absolutely right: that is the nub of the problem—and the nub of the solution is related. It is a good idea to have solutions that relate to problems, and I am going to propose a solution to that particular problem, but let me first enlarge …..." Oliver Letwin - View Speech
"I am glad that my right hon. Friend raised that point. It has been said in previous debates and in correspondence with successive Ministers that the point about the availability of independent financial advice is material. To the argument I am making it is not material, because even though the …..." Oliver Letwin - View Speech
"I agree that there was probably a subtle incentive, but I will come on to that in more detail in a moment. At this stage of the argument, all I am saying is something that I think is unchallengeably certain: the Government Actuary’s Department gave advice that did not bring …..." Oliver Letwin - View Speech
"I do not know whether my hon. Friend brilliantly waited until this moment to ask that pertinent question, but he has asked exactly the right question at exactly the right moment. It was generally the case that undertakings were given—I was involved as a financial adviser in many privatisations—about the …..." Oliver Letwin - View Speech
"I am delighted that my hon. Friend raises that point. I do not think it would be retrospective in any noxious meaning of the word. The decision that the incoming coalition Administration made on Equitable Life in 2010—to implement commitments that the Conservative party and the Liberal Democrats had entered …..." Oliver Letwin - View Speech
"I entirely understand that the Minister needs time to reach the rest of his argument, but he has hit the nub of the question. Does he accept that if the Government Actuary’s Department calculated on an actuarial basis that the two schemes were equivalent financially, and if it stated, as …..." Oliver Letwin - View Speech