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.
Pensions Bill
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 bills on Pensions Bill.
About this proceeding contribution
Reference
692 c1150 Session
2006-07Chamber / Committee
House of Lords chamberSubjects
Librarians' tools
Timestamp
2023-12-15 11:39:22 +0000
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