Provision for Old Age (Committee's Report)

HC Deb 10 November 1955 vol 545 c209W

41. Mr. Geoffrey Stevens

asked the Chancellor of the Exchequer what progress has been made with the consideration of the Phillips Report.

Mr. H. Brooke

The Report of the Phillips Committee laid down broad principles for general guidance which will be of great value in considering the Government's future policy in relation to provision for the aged. The National Insurance Act, 1954, took account of the Committee's recommendation about contributions. The recommendations on the grant of tax relief for occupational pension schemes must, of course, be examined in the light of the Millard Tucker Report, which as my hon. Friend knows is now under consideration.