§ Mr. LoveTo ask the Chancellor of the Exchequer if he will estimate the savings to the Exchequer which would result from restricting the tax relief to individuals on(a) defined benefit, (b) defined contribution, (c) group personal and (d) personal pensions to a level that would provide an income in retirement just above benefit levels; and if he will make a statement. [25736]
§ Ruth KellyThe number of assumptions that would need to be made and the complexity of the modelling procedures involved means that a robust estimate could be provided only at a disproportionate cost.