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CERN Pensions: UK Tax Treatment

Part of Petition - Royal Bank of Scotland Closure in Stepps – in the House of Commons at 5:10 pm on 15th March 2018.

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Photo of Robert Jenrick Robert Jenrick The Exchequer Secretary 5:10 pm, 15th March 2018

I thank my hon. Friend. This is a complicated area. I hope that my comments today have provided some answers to him and his constituents, but of course I would be happy to meet him and to bring along Treasury officials, who might be able to shed further light on this matter and answer their questions in greater detail. They are understandable and important questions, because they concern the financial security his constituents can enjoy in later life.

I hope that this evening’s debate has provided some answers and that the meeting that follows will provide more. We believe that the previous approach was fair. It was driven by a desire for consistency and fairness for all British pensioners, and we hope that right hon. and hon. Members can support that as a principle. Once again, I thank my hon. Friend for raising this important matter.

Question put and agreed to.

House adjourned.