HC Deb 30 January 2003 vol 398 c987W
Mr. Gardiner

To ask the Chancellor of the Exchequer whether the Financial Services Authority will add income drawdown schemes to the comparative tables that it plans to publish on annuities. [93878]

Ruth Kelly

The Financial Services Authority (FSA) tell me that they do not propose to include income drawdown arrangements in their comparative tables.

The FSA annuity Comparative Tables will provide annuity rates for what are generally referred to as `standards annuities' joint and single life, escalating and non-escalating, smoker and non-smoker rates. These are the annuities purchased by over 80 per cent. of annuitants.

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