HL Deb 01 April 2004 vol 659 c179WA
Lord Wakeham

asked Her Majesty's Government:

What proposals they have to change the regulatory regime for small self-administered pension schemes; and when they propose to implement them. [HL2168]

Lord McIntosh of Haringey

On 10 December 2003 the Government published a document setting out the details of their proposals to radically simplify the tax rules for all private pension schemes. Copies of this document,Simplifying the taxation of pensions: the Government's proposals, have been placed in the House of Commons Library. In his Budget speech on 17 March, the Chancellor of the Exchequer announced that these rules would be introduced from 6 April 2006.