HC Deb 17 December 2002 vol 396 c731W
Geraldine Smith

To ask the Chancellor of the Exchequer what plans he has to change his policy on annuities; and what plans he has to give people buying annuities more(a) choice and (b) flexibility. [86943]

Ruth Kelly

As promised in the pre-Budget report, the Inland Revenue consultation document on simplification of the taxation of pensions published today, alongside the pensions Green Paper, contains proposals to expand choice and flexibility in the annuities market.