§ MR. SALTasked the Postmaster General, Whether, since the number of subscribers for Post Office annuities appears from the last Report to be only 2,000, steps are taken to make the especial advantages of such an investment generally known and understood, especially with regard to the system of deferred annuities, by which the premiums paid are "returnable" at the option or death of the investor before the annuity becomes active; and, whether immediate and deferred annuities can be purchased at all Post Offices where Savings Banks are open?
§ MR. MONSELLSince the publication of the last Report the number of purchasers of Post Office annuities has been increased by 50 per cent. Steps have been taken by the circulation of some millions of handbills to make known the advantages of this mode of investment. Immediate and deferred annuities can be purchased through any Post Office savings bank. The whole question, however, is at present under the consideration of the Government, with a view to the grant of additional facilities for provident investments.