Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Wednesday, 6 June 2007. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.
Pensions Bill
I was going to raise this in relation to what my noble friend Lady Hollis said, but today’s average annuity is purchased for around £23,500, with only 10 per cent of annuity purchases being over £50,000 and 3 per cent in excess of £100,000.
Secondary information
- Type
- Proceeding contribution
- Reference
- 692 c1150
- Session
- 2006-07
- Chamber / Committee
- House of Lords chamber
- Subjects
- Assets Annuities Investment Insolvency Government assistance Financial assistance scheme Personal savings Workplace pensions Pensions Pension funds Pension Protection Fund Married people Pension rights Overseas residence
- Legislation
- Pensions Bill 2006-07
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 11:39:22 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_401263
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