Equitable Life (Payments) Bill — Clause 1 — Payments — 10 Nov 2010 at 14:45

The majority of MPs voted not to require payments to Equitable Life policyholders to be made irrespective of the date on which policies were taken out.

The Government has accepted there were regulatory failings with respect to Equitable Life. The Equitable Life (Payments) Bill[1][2] is intended to allow compensation to be paid[3].

No restrictions on the date policies were taken out were included in the Bill as introduced. The rejected amendment would have added a new clause apparently intended to ensure no restrictions were introduced when administering the compensation. The proposed new clause, which was rejected by MPs, read:

  • '(2A) Payments authorised by the Treasury under this section to with-profits annuitants shall be made without regard to the date on which such policies were taken out.'.

Labour MP Fabian Hamilton had proposed the amendment and explained his reasoning during debate[4]:

  • I tabled my amendment because, although I am well aware that the Bill is an enabling measure, I feel strongly that a group of Equitable Life policyholders has been unfairly excluded from the compensation scheme that the Government have put in place.
  • [...]
  • ... The with-profits annuitants who took out annuities before the September 1992 cut-off date are as trapped as those who purchased them after that date and their incomes diminish each year. Having taken out policies that they believed would allow them to make ends meet in old age, they now face increasing poverty because Parliament did not act soon enough to prevent the collapse of Equitable. That is why we owe them the compensation that they deserve as much as the post-1992 with-profits annuitants.

==

Debate in Parliament | Source |

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All Votes Cast - sorted by party

MPs for which their vote in this division differed from the majority vote of their party are marked in red. Also shows which MPs were ministers at the time of this vote. You can also see every eligible MP including those who did not vote in this division.

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NameConstituencyPartyVote
Naomi LongBelfast EastAlliance (front bench)aye
John BaronBasildon and BillericayCon (front bench)aye
Andrew BinghamHigh PeakConaye
Bob BlackmanHarrow EastCon (front bench)aye
David DavisHaltemprice and HowdenConaye
Mike FreerFinchley and Golders GreenCon (front bench)aye
Richard FullerBedfordConaye
Gordon HendersonSittingbourne and SheppeyCon (front bench)aye
Sarah WollastonTotnesCon (front bench)aye
Nigel AdamsSelby and AinstyConno
Adam AfriyieWindsorConno
Peter AldousWaveneyCon (front bench)no
Sir David AmessSouthend WestCon (front bench)no
Stuart AndrewPudseyCon (front bench)no
James ArbuthnotNorth East HampshireCon (front bench)no
Richard BaconSouth NorfolkCon (front bench)no
Steven BakerWycombeCon (front bench)no
Tony BaldryBanburyCon (front bench)no
Harriett BaldwinWest WorcestershireCon (front bench)no
Gregory BarkerBexhill and BattleCon (front bench)no
Gavin BarwellCroydon CentralCon (front bench)no
Guto BebbAberconwyCon (front bench)no
Richard BenyonNewburyCon (front bench)no
Paul BeresfordMole ValleyCon (front bench)no
Jake BerryRossendale and DarwenConno
Brian BinleyNorthampton SouthCon (front bench)no
Nicola BlackwoodOxford West and AbingdonCon (front bench)no
Crispin BluntReigateCon (front bench)no
Nicholas BolesGrantham and StamfordConno
Peter BoneWellingboroughCon (front bench)no
Karen BradleyStaffordshire MoorlandsCon (front bench)no
Graham BradyAltrincham and Sale WestCon (front bench)no
Angie BrayEaling Central and ActonConno
Julian BrazierCanterburyCon (front bench)no
Andrew BridgenNorth West LeicestershireCon (front bench)no
Steve BrineWinchesterConno
James BrokenshireOld Bexley and SidcupCon (front bench)no
Aidan BurleyCannock ChaseCon (front bench)no
Conor BurnsBournemouth WestConno
Simon BurnsChelmsfordCon (front bench)no
Alistair BurtNorth East BedfordshireCon (front bench)no
Dan BylesNorth WarwickshireCon (front bench)no
Alun CairnsVale of GlamorganCon (front bench)no
Neil CarmichaelStroudCon (front bench)no
Douglas CarswellClactonConno
Bill CashStoneCon (front bench)no
Rehman ChishtiGillingham and RainhamConno
Christopher ChopeChristchurchCon (front bench)no
James ClappisonHertsmereCon (front bench)no
Greg ClarkTunbridge WellsCon (front bench)no
Geoffrey Clifton-BrownThe CotswoldsCon (front bench)no
Therese CoffeySuffolk CoastalConno
Damian CollinsFolkestone and HytheConno
Geoffrey CoxTorridge and West DevonCon (front bench)no
Stephen CrabbPreseli PembrokeshireCon (front bench)no
Tracey CrouchChatham and AylesfordConno
David DaviesMonmouthCon (front bench)no
Glyn DaviesMontgomeryshireConno
Nick de BoisEnfield NorthCon (front bench)no
Caroline DinenageGosportConno
Jonathan DjanoglyHuntingdonCon (front bench)no
Nadine DorriesMid BedfordshireCon (front bench)no
Jackie Doyle-PriceThurrockCon (front bench)no
Richard DraxSouth DorsetCon (front bench)no
James DuddridgeRochford and Southend EastCon (front bench)no
Alan DuncanRutland and MeltonCon (front bench)no
Iain Duncan SmithChingford and Woodford GreenCon (front bench)no
Philip DunneLudlowCon (front bench)no
Michael EllisNorthampton NorthCon (front bench)no
Jane EllisonBatterseaCon (front bench)no
Tobias EllwoodBournemouth EastConno
Charlie ElphickeDoverCon (front bench)no
George EusticeCamborne and RedruthCon (front bench)no
Graham EvansWeaver ValeConno
Jonathan EvansCardiff NorthConno
David EvennettBexleyheath and CrayfordConno
Michael FabricantLichfieldCon (front bench)no
Michael FallonSevenoaksCon (front bench)no
Mark FieldCities of London and WestminsterCon (front bench)no
Mark FrancoisRayleigh and WickfordCon (front bench)no
George FreemanMid NorfolkCon (front bench)no
Lorraine FullbrookSouth RibbleCon (front bench)no
Roger GaleNorth ThanetCon (front bench)no
David GaukeSouth West HertfordshireCon (front bench)no
Nick GibbBognor Regis and LittlehamptonCon (front bench)no
Dame Cheryl GillanChesham and AmershamCon (front bench)no
John GlenSalisburyCon (front bench)no
Zac GoldsmithRichmond ParkCon (front bench)no
Robert GoodwillScarborough and WhitbyCon (front bench)no
Richard GrahamGloucesterCon (front bench)no
Helen GrantMaidstone and The WealdCon (front bench)no
Chris GraylingEpsom and EwellCon (front bench)no
Damian GreenAshfordCon (front bench)no
Justine GreeningPutneyCon (front bench)no
Dominic GrieveBeaconsfieldCon (front bench)no
Andrew GriffithsBurtonCon (front bench)no
Ben GummerIpswichCon (front bench)no
Sam GyimahEast SurreyCon (front bench)no
Robert HalfonHarlowCon (front bench)no
Stephen HammondWimbledonConno
Matthew HancockWest SuffolkCon (front bench)no
Greg HandsChelsea and FulhamConno
Mark HarperForest of DeanCon (front bench)no
Richard HarringtonWatfordCon (front bench)no
Rebecca HarrisCastle PointCon (front bench)no
Simon HartCarmarthen West and South PembrokeshireCon (front bench)no
Alan HaselhurstSaffron WaldenCon (front bench)no
Oliver HealdNorth East HertfordshireCon (front bench)no
Chris Heaton-HarrisDaventryCon (front bench)no
Charles HendryWealdenCon (front bench)no
Damian HindsEast HampshireCon (front bench)no
Mark HobanFarehamCon (front bench)no
George HollingberyMeon ValleyCon (front bench)no
Kris HopkinsKeighleyConno
Gerald HowarthAldershotCon (front bench)no
John HowellHenleyConno
Jeremy HuntSouth West SurreyCon (front bench)no
Nick HurdRuislip, Northwood and PinnerCon (front bench)no
Margot JamesStourbridgeCon (front bench)no
Sajid JavidBromsgroveCon (front bench)no
Bernard JenkinHarwich and North EssexCon (front bench)no
Gareth JohnsonDartfordConno
Jo JohnsonOrpingtonCon (front bench)no
Andrew JonesHarrogate and KnaresboroughCon (front bench)no
David JonesClwyd WestCon (front bench)no
Chris KellyDudley SouthCon (front bench)no
Simon KirbyBrighton, KemptownCon (front bench)no
Greg KnightEast YorkshireCon (front bench)no
Kwasi KwartengSpelthorneCon (front bench)no
Eleanor LaingEpping ForestCon (front bench)no
Mark LancasterMilton Keynes NorthConno
Andrew LansleySouth CambridgeshireCon (front bench)no
Pauline LathamMid DerbyshireCon (front bench)no
Andrea LeadsomSouth NorthamptonshireCon (front bench)no
Jessica LeeErewashCon (front bench)no
Phillip LeeBracknellCon (front bench)no
Jeremy LefroyStaffordCon (front bench)no
Edward LeighGainsboroughCon (front bench)no
Charlotte LeslieBristol North WestCon (front bench)no
Oliver LetwinWest DorsetCon (front bench)no
Brandon LewisGreat YarmouthCon (front bench)no
Ian Liddell-GraingerBridgwater and West SomersetCon (front bench)no
David LidingtonAylesburyCon (front bench)no
Peter LilleyHitchin and HarpendenConno
Jack LoprestiFilton and Bradley StokeCon (front bench)no
Jonathan LordWokingConno
Tim LoughtonEast Worthing and ShorehamCon (front bench)no
Karen LumleyRedditchCon (front bench)no
Mary MacleodBrentford and IsleworthConno
Paul MaynardBlackpool North and CleveleysCon (front bench)no
Jason McCartneyColne ValleyConno
Karl McCartneyLincolnConno
Anne McIntoshThirsk and MaltonCon (front bench)no
Patrick McLoughlinDerbyshire DalesCon (front bench)no
Stephen McPartlandStevenageConno
Esther McVeyWirral WestConno
Louise MenschCorbyConno
Mark MenziesFyldeCon (front bench)no
Patrick MercerNewarkConno
Stephen MetcalfeSouth Basildon and East ThurrockCon (front bench)no
Maria MillerBasingstokeCon (front bench)no
Nigel MillsAmber ValleyCon (front bench)no
Penny MordauntPortsmouth NorthCon (front bench)no
Nicky MorganLoughboroughConno
Anne Marie MorrisNewton AbbotConno
David MorrisMorecambe and LunesdaleCon (front bench)no
James MorrisHalesowen and Rowley RegisCon (front bench)no
Stephen MosleyCity of ChesterCon (front bench)no
David MowatWarrington SouthCon (front bench)no
David MundellDumfriesshire, Clydesdale and TweeddaleCon (front bench)no
Sheryll MurraySouth East CornwallCon (front bench)no
Andrew MurrisonSouth West WiltshireConno
Bob NeillBromley and ChislehurstCon (front bench)no
Brooks NewmarkBraintreeCon (front bench)no
Sarah NewtonTruro and FalmouthCon (front bench)no
Caroline NokesRomsey and Southampton NorthCon (front bench)no
Jesse NormanHereford and South HerefordshireCon (front bench)no
David NuttallBury NorthCon (front bench)no
Matthew OffordHendonConno
Guy OppermanHexhamConno
Richard OttawayCroydon SouthCon (front bench)no
James PaiceSouth East CambridgeshireCon (front bench)no
Neil ParishTiverton and HonitonCon (front bench)no
Priti PatelWithamConno
Owen PatersonNorth ShropshireCon (front bench)no
Mark PawseyRugbyConno
Mike PenningHemel HempsteadCon (front bench)no
John PenroseWeston-Super-MareCon (front bench)no
Andrew PercyBrigg and GooleCon (front bench)no
Claire PerryDevizesCon (front bench)no
Stephen PhillipsSleaford and North HykehamCon (front bench)no
Christopher PincherTamworthCon (front bench)no
Daniel PoulterCentral Suffolk and North IpswichConno
Mark PriskHertford and StortfordCon (front bench)no
Dominic RaabEsher and WaltonCon (front bench)no
John RandallUxbridge and South RuislipCon (front bench)no
Mark RecklessRochester and StroodCon (front bench)no
John RedwoodWokinghamConno
Jacob Rees-MoggNorth East SomersetCon (front bench)no
Simon ReevellDewsburyConno
Andrew RobathanSouth LeicestershireCon (front bench)no
Hugh RobertsonFaversham and Mid KentCon (front bench)no
Laurence RobertsonTewkesburyCon (front bench)no
Andrew RosindellRomfordCon (front bench)no
Amber RuddHastings and RyeCon (front bench)no
David RuffleyBury St EdmundsConno
David RutleyMacclesfieldCon (front bench)no
Laura SandysSouth ThanetCon (front bench)no
Lee ScottIlford NorthConno
Andrew SelousSouth West BedfordshireCon (front bench)no
Grant ShappsWelwyn HatfieldCon (front bench)no
Alok SharmaReading WestCon (front bench)no
Alec ShelbrookeElmet and RothwellConno
Richard ShepherdAldridge-BrownhillsCon (front bench)no
Mark SimmondsBoston and SkegnessConno
Keith SimpsonBroadlandConno
Chris SkidmoreKingswoodCon (front bench)no
Chloe SmithNorwich NorthCon (front bench)no
Henry SmithCrawleyCon (front bench)no
Julian SmithSkipton and RiponCon (front bench)no
Nicholas SoamesMid SussexConno
Anna SoubryBroxtoweCon (front bench)no
Caroline SpelmanMeridenCon (front bench)no
Mark SpencerSherwoodCon (front bench)no
John StanleyTonbridge and MallingCon (front bench)no
Andrew StephensonPendleConno
John StevensonCarlisleConno
Bob StewartBeckenhamCon (front bench)no
Iain StewartMilton Keynes SouthCon (front bench)no
Rory StewartPenrith and The BorderCon (front bench)no
Gary StreeterSouth West DevonCon (front bench)no
Mel StrideCentral DevonCon (front bench)no
Graham StuartBeverley and HoldernessCon (front bench)no
Julian SturdyYork OuterCon (front bench)no
Desmond SwayneNew Forest WestConno
Robert SymsPooleCon (front bench)no
Peter TapsellLouth and HorncastleCon (front bench)no
Edward TimpsonCrewe and NantwichConno
Justin TomlinsonNorth SwindonConno
David TredinnickBosworthCon (front bench)no
Elizabeth TrussSouth West NorfolkConno
Andrew TurnerIsle of WightCon (front bench)no
Andrew TyrieChichesterCon (front bench)no
Paul UppalWolverhampton South WestConno
Ed VaizeyWantageCon (front bench)no
Shailesh VaraNorth West CambridgeshireCon (front bench)no
Martin VickersCleethorpesConno
Theresa VilliersChipping BarnetCon (front bench)no
Charles WalkerBroxbourneCon (front bench)no
Robin WalkerWorcesterConno
Ben WallaceWyre and Preston NorthConno
Angela WatkinsonHornchurch and UpminsterCon (front bench)no
Mike WeatherleyHoveCon (front bench)no
James WhartonStockton SouthCon (front bench)no
Heather WheelerSouth DerbyshireCon (front bench)no
Chris WhiteWarwick and LeamingtonCon (front bench)no
John WhittingdaleMaldonCon (front bench)no
Bill WigginNorth HerefordshireCon (front bench)no
Gavin WilliamsonSouth StaffordshireCon (front bench)no
Rob WilsonReading EastConno
Jeremy WrightKenilworth and SouthamCon (front bench)tellno
Tim YeoSouth SuffolkCon (front bench)no
George YoungNorth West HampshireCon (front bench)no
Nadhim ZahawiStratford-on-AvonCon (front bench)no
Craig WhittakerCalder ValleyCon (front bench)both
Gregory CampbellEast LondonderryDUP (front bench)aye
Nigel DoddsBelfast NorthDUP (front bench)aye
Jeffrey M. DonaldsonLagan ValleyDUP (front bench)aye
Ian Paisley JnrNorth AntrimDUP (front bench)aye
Jim ShannonStrangfordDUP (front bench)aye
David SimpsonUpper BannDUP (front bench)aye
Sammy WilsonEast AntrimDUP (front bench)aye
Caroline LucasBrighton, PavilionGreen (front bench)aye
Sylvia HermonNorth DownIndependent (front bench)aye
Heidi AlexanderLewisham EastLab (minister)aye
Hugh BayleyYork CentralLab (minister)aye
Stuart BellMiddlesbroughLabaye
Tom BlenkinsopMiddlesbrough South and East ClevelandLab (minister)aye
Richard BurdenBirmingham, NorthfieldLab (minister)aye
Ronnie CampbellBlyth ValleyLabaye
Martin CatonGowerLab (minister)aye
Katy ClarkNorth Ayrshire and ArranLab (minister)aye
Tom ClarkeCoatbridge, Chryston and BellshillLab (minister)aye
Rosie CooperWest LancashireLab (minister)aye
Jeremy CorbynIslington NorthLabaye
David CrausbyBolton North EastLab (minister)aye
John CryerLeyton and WansteadLab (minister)aye
Jim CunninghamCoventry SouthLab (minister)aye
Ian DavidsonGlasgow South WestLab (minister)aye
Frank DobsonHolborn and St PancrasLabaye
Jim DowdLewisham West and PengeLabaye
Paul FlynnNewport WestLab (minister)aye
Barry GardinerBrent NorthLab (minister)aye
Sheila GilmoreEdinburgh EastLab (minister)aye
Pat GlassNorth West DurhamLab (minister)aye
Roger GodsiffBirmingham, Hall GreenLabaye
Fabian HamiltonLeeds North EastLab (minister)tellaye
Tom HarrisGlasgow SouthLab (minister)aye
Dai HavardMerthyr Tydfil and RhymneyLab (minister)aye
Kelvin HopkinsLuton NorthLab (minister)aye
George HowarthKnowsleyLab (minister)aye
Gerald KaufmanManchester, GortonLab (minister)aye
Andrew LoveEdmontonLab (minister)aye
Fiona MactaggartSloughLab (minister)aye
John MannBassetlawLab (minister)aye
John Martin McDonnellHayes and HarlingtonLabaye
Jim McGovernDundee WestLab (minister)aye
Andrew MillerEllesmere Port and NestonLab (minister)aye
Austin MitchellGreat GrimsbyLab (minister)aye
Madeleine MoonBridgendLab (minister)aye
George MudieLeeds EastLab (minister)aye
Paul MurphyTorfaenLabaye
Sandra OsborneAyr, Carrick and CumnockLab (minister)aye
Barry SheermanHuddersfieldLabaye
Dennis SkinnerBolsoverLabaye
Andrew SmithOxford EastLabaye
Graham StringerBlackley and BroughtonLab (minister)aye
Gisela StuartBirmingham, EdgbastonLab (minister)aye
Keith VazLeicester EastLab (minister)aye
Joan WalleyStoke-on-Trent NorthLab (minister)aye
Alan WhiteheadSouthampton, TestLab (minister)aye
Mike WoodBatley and SpenLab (minister)aye
Stephen LloydEastbourneLDem (front bench)tellaye
Danny AlexanderInverness, Nairn, Badenoch and StrathspeyLDem (front bench)no
Norman BakerLewesLDem (front bench)no
Alan BeithBerwick-upon-TweedLDem (front bench)no
Gordon BirtwistleBurnleyLDemno
Tom BrakeCarshalton and WallingtonLDemno
Jeremy BrowneTaunton DeaneLDem (front bench)no
Malcolm BruceGordonLDem (front bench)no
Paul BurstowSutton and CheamLDem (front bench)no
Lorely BurtSolihullLDem (front bench)no
Menzies CampbellNorth East FifeLDem (front bench)no
Alistair CarmichaelOrkney and ShetlandLDem (front bench)no
Michael CrockartEdinburgh WestLDemno
Edward DaveyKingston and SurbitonLDem (front bench)no
Tim FarronWestmorland and LonsdaleLDem (front bench)no
Lynne FeatherstoneHornsey and Wood GreenLDem (front bench)no
Don FosterBathLDemno
Stephen GilbertSt Austell and NewquayLDem (front bench)no
Duncan HamesChippenhamLDemno
Mike HancockPortsmouth Southwhilst LDem (front bench)no
Nick HarveyNorth DevonLDem (front bench)no
David HeathSomerton and FromeLDem (front bench)no
John HemmingBirmingham, YardleyLDem (front bench)no
Martin HorwoodCheltenhamLDemno
Simon HughesBermondsey and Old SouthwarkLDem (front bench)no
Mark HunterCheadleLDem (front bench)tellno
Julian HuppertCambridgeLDem (front bench)no
Charles KennedyRoss, Skye and LochaberLDem (front bench)no
Norman LambNorth NorfolkLDem (front bench)no
David LawsYeovilLDemno
Michael MooreBerwickshire, Roxburgh and SelkirkLDem (front bench)no
Greg MulhollandLeeds North WestLDem (front bench)no
John PughSouthportLDem (front bench)no
Alan ReidArgyll and ButeLDem (front bench)no
Dan RogersonNorth CornwallLDem (front bench)no
Bob RussellColchesterLDem (front bench)no
Robert SmithWest Aberdeenshire and KincardineLDem (front bench)no
Andrew StunellHazel GroveLDem (front bench)no
Ian SwalesRedcarLDem (front bench)no
Jo SwinsonEast DunbartonshireLDemno
Sarah TeatherBrent CentralLDem (front bench)no
John ThursoCaithness, Sutherland and Easter RossLDem (front bench)no
David WardBradford EastLDem (front bench)no
Steve WebbThornbury and YateLDem (front bench)no
Roger WilliamsBrecon and RadnorshireLDem (front bench)no
Stephen WilliamsBristol WestLDem (front bench)no
Jennifer WillottCardiff CentralLDemno
Simon WrightNorwich SouthLDem (front bench)no
Jonathan EdwardsCarmarthen East and DinefwrPC (front bench)aye
Elfyn LlwydDwyfor MeirionnyddPC (front bench)aye
Hywel WilliamsArfonPC (front bench)aye
Mark DurkanFoyleSDLP (front bench)aye
Alasdair McDonnellBelfast SouthSDLP (front bench)aye
Stewart HosieDundee EastSNP (front bench)aye
Angus MacNeilNa h-Eileanan an IarSNP (front bench)aye
Michael WeirAngusSNP (front bench)aye
Eilidh WhitefordBanff and BuchanSNP (front bench)aye
Pete WishartPerth and North PerthshireSNP (front bench)aye

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