The Minister referred to the Budget and the documents published about this policy, but what was published was merely the estimated tax take for the Treasury. Nothing was published about the behavioural impact, the prospect of mis-selling or the interaction with social care. When I asked the Government via a freedom of information request to reveal the basis on which the policy was made, they refused to do so. Will we get more information as quickly possible about the basis on which the Government reached this policy position? The Minister is right, of course, that annuities need to be reformed, but the question is about the basis on which the policy was made.
Finance Bill
Proceeding contribution from
Gregg McClymont
(Labour)
in the House of Commons on Wednesday, 2 July 2014.
It occurred during Debate on bills on Finance Bill.
Type
Proceeding contribution
Reference
583 c903 
Session
2014-15
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2014-08-04 14:36:46 +0100
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