Gareth ThomasTo ask the Secretary of State for Work and Pensions what representations he has received about allowing people with an occupational pension as well as a private pension not to have to purchase an annuity for their private pension; and if he will make a statement. [94051]
§ Ruth KellyI have been asked to reply.
I am not aware of any such representations.
On 17 December 2002, the Government published, for consultation, simplification proposals for the pensions tax rules. The consultation paper, "Simplifying the Taxation of Pensions: Increasing Choice and Flexibility", is available in the House of Commons Library. The consultation is to allow people the opportunity to put forward their views before final decisions are taken.