Peter Swallow

Peter Swallow

Labour — Bracknell

Speaking in the House of Commons on 22 October 2026

Debate

Equitable Life Policyholders: Compensation

Contribution

As my hon. Friend the Member for Glasgow North (Martin Rhodes) pointed out, there are many issues connected with this scandal that have affected people’s trust in pensions. The Minister will know that I have also been a very vocal champion of those affected by the lack of indexation for pre-1997 pensions. Does my hon. Friend the Member for Leeds North East (Fabian Hamilton) share my concern that the fundamental risk is that individuals will choose not to invest in pensions, having lost faith that, if something goes wrong, it will be put right? Ultimately, that will cost the taxpayer more, as people will not make the sound choice we want them to make of saving for their retirement.

More from Peter Swallow

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

For Peter Swallow's full parliamentary record including voting history, expenses and all other contributions, see the Peter Swallow report card.