§ Mr. Gordon BrownTo ask the Chancellor of the Exchequer if he will provide an estimate of the revenue lost to the Exchequer in 1986–87 and 1987–88 through the exemption of pension funds from tax on underwriting commissions.
§ Mr. Norman LamontThe taxation affairs of pension funds are dealt with by local tax offices. The information requested is not centrally available and to obtain it would involve disproportionate cost.