HC Deb 31 July 1997 vol 299 cc458-9W
Mr. Lilley

To ask the Chancellor of the Exchequer (1) if the rebate for contracting out of SERPs was calculated by the Government Actuary on the basis of prospective investment yields after tax; [11651]

(2) if he will take action against those providers of approved personal pensions who fail to review whether personal pension holders should opt back into the state earnings-related pensions scheme following the abolition of advance corporation tax credits; [11601]

(3) what estimate was made in the Budget forecasts of the number of people who will opt back into the state earnings-related pensions scheme as a result of the abolition of advance corporation tax credits; [11652]

(4) what estimate he has made of the revenue impact over the next five years from people opting back into state earnings-related pensions scheme following the abolition of advance corporation tax credits. [11654]

Mr. Geoffrey Robinson

It is too early to assess the overall effects of the Budget tax changes on pension funds.