§ Mr. Lawsonasked the Chancellor of the Exchequer what is his estimate of the cost to the Exchequer of income tax remission on contributions to private occupational pension schemes and on the management of the funds of those schemes.
§ Mr. TaverneThe cost of tax relief for employees' contributions to occupational pension schemes in the private sector is estimated at about £65 million for 1968–69, the latest year for which the estimate can be made. I am writing to my hon. Friend to ask what he has in mind in the second part of his Question.