Equitable Life (Payments) Bill Debate

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Department: HM Treasury
Tuesday 14th September 2010

(14 years, 3 months ago)

Commons Chamber
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Mark Hoban Portrait Mr Hoban
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I shall give way to my right hon. Friend the Member for Haltemprice and Howden (Mr Davis)—[Interruption.]

David Davis Portrait Mr David Davis (Haltemprice and Howden) (Con)
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I take the noise from Opposition Members with a great pinch of salt, given the way in which they behaved.

My hon. Friend rightly cited the ombudsman, and in the central recommendation of her report she set the following criterion:

“The aim of such a scheme should be to put those people who have suffered a relative loss back into the position that they would have been in had the maladministration not occurred.”

Does my hon. Friend believe that he can get there—or close?