§ Colonel YATEasked the Chancellor of the Exchequer whether, considering that permission to commute pensions often results in loss and penury to those who have commuted, that the commutation of pensions is opposed in itself to the main principle of the pension system, and that this commutation is carried out at a profit to the Government, he will consider the expediency of an inquiry into the subject as to whether the present system should be continued or not?
§ Mr. LLOYD GEORGEIn view of the restrictions placed upon the commutation of pensions, I do not consider that any useful purpose would be served by an inquiry of the nature suggested.