§ Mr. Laurence RobertsonTo ask the Chancellor of the Exchequer what assessment he has made on the impact of the limiting of tax relief to £50,000 on investments in TESSAs and PEPs on retirement incomes. [21914]
§ Mr. Geoffrey Robinson[holding answer 22 December 1997]: The impact on retirement income of capping ISAs at £50,000 will depend on the way in which people decide to invest the balance of their investments and their other sources of income.