HC Deb 22 March 2001 vol 365 c357W
Mr. Cousins

To ask the Chancellor of the Exchequer what guidance his Department has issued to insurance enterprises on the potential effect on reserves of with-profits bonds. [154804]

Miss Melanie Johnson

The reserving requirements for with-profits bonds are set out in the Insurance Companies Act 1982 and in subsequent regulations, and in the equivalent legislation for friendly societies.