§ 22. Mr. FlightTo ask the Secretary of State for Social Security if he will make a statement on the Government's response to the McDonald report on pension provisions. [115886]
§ Mr. RookerWe welcome the publication of the Retirement Income Working Party's Report as a contribution to an important debate. We are assessing the implications of the Report's proposals for pension scheme members, for the Exchequer and for private pension provision generally. Our willingness to be flexible for the benefit of pensioners is demonstrated by our recent decision to allow more pensioners to buy an investment-linked annuity as an alternative to a limited price indexed annuity.