§ Mr. CatonTo ask the Secretary of State for Work and Pensions what plans he has to support defined benefit occupational pension schemes with taxation breaks. [69996]
§ Ruth KellyI have been asked to reply.
The Government keeps all taxes under review as part of the normal Budget process.
The Government already provides very generous tax relief to encourage saving in pensions for retirement, including upfront income tax relief and tax-free lump sums on retirement, at a cost to the Exchequer of over £14 billion a year.