Pensions — Question

Part of the debate – in the House of Lords at 11:30 am on 12 December 2013.

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Photo of Lord Forsyth of Drumlean Lord Forsyth of Drumlean Conservative 11:30, 12 December 2013

My Lords, will my noble friend, in making his statement that it is important that those who have saved throughout their life get the best return on their savings, bear in mind that the Government’s quantitative easing programme is one of the major reasons that annuities are so poor? Can we have some indication of when the Government might abandon QE?