§ Mr. Willetts
To ask the Chancellor of the Exchequer whether the proposal in his consultation document on the tax treatment of pension funds for a £1.4 million limit on tax exempt pension in savings includes(a) funded public sector schemes and (b) unfunded public sector schemes. 381W
§ Ruth Kelly
The Government consultation paper, "Simplifying the Taxation of Pensions: Increasing Choice and Flexibility for All", proposes a framework of benefit rules that would apply, from the date of its introduction, to any pension scheme, whether in the public or private sector, that wished to utilise pension tax privileges. The consultation period allows people to put forward their views before final decisions are taken.