HC Deb 11 February 1994 vol 237 cc498-9W
Mr. French

To ask the Secretary of State for Social Security (1) what proportion of the money contributed to an average personal pension at the rebate-only level by a man of 30 years would be absorbed in expenses, charges and commission during the lifetime of the contract if it were terminated after five years;

(2) what proportion of the money contributed to an average personal pension at the rebate-only level by a man aged 30 years would be absorbed in expenses, charges and commission during the lifetime of the contract up to maturity;

(3) what proportion of the money contributed to an average personal pension at the rebate-only level by a man aged 30 years would be absorbed in expenses, charges and commission in the first year of contract.

Mr. Hague

I refer my hon. Friend to the reply given to my hon. Friend the Member for Langbaurgh (Mr. Bates) on 30 November 1993 at columns432–33.