To ask Her Majesty's Government whether there are other former bank executives, aside from Sir Fred Goodwin, who receive pensions from bank rescue packages. [HL1836]

Payment of pensions for former bank executives is a matter of the banks in question.

The UK Financial Investments Ltd (UKFI) has agreed with the banks in which Government have investments that they will assure themselves that all payouts to former directors were no more than legally necessary.