HC Deb 16 March 1970 vol 798 cc26-7W
Sir B. Rhys Williams

asked the Secretary of State for Social Services what estimate he has made of the current value of the funds accumulated for the purpose of providing retirement benefits for the self-employed and approved for tax purposes under the provisions of the Finance Act, 1956.

Mr. Ennals

I am informed by the Government Actuary that the current value of funds accumulated to provide retirement benefits approved under Section 22 of the Finance Act, 1956, is probably of the order of £200 million, but that the information available does not permit this to be broken down between provision for self-employed persons and provision for employed persons who are not members of occupational pension schemes.