ISAs, TESSAs and PEPs

Part of the debate – in the House of Commons at 4:09 pm on 3 March 1998.

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Photo of John Bercow John Bercow Conservative, Buckingham 4:09, 3 March 1998

Given that the Chief Secretary is in listening mode, will he give a specific response to the criticisms made in the green budget published by the Institute for Fiscal Studies, which stated that the proposal for a cumulative contribution limit of £50,000 will impose substantial compliance costs, is unlikely to raise much revenue, and sits uneasily with a commitment to increase self-reliance in welfare provision?