Money purchase annual allowance

Part of Finance Bill – in a Public Bill Committee at 10:30 am on 17 October 2017.

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Photo of Peter Dowd Peter Dowd Shadow Chief Secretary to the Treasury 10:30, 17 October 2017

In the spirit of co-operation and the assurances the Minister gave, I am prepared to withdraw the Amendment in relation to a review. None the less, serious concerns have been identified by organisations. The Minister alluded to the fact that there did not appear to be much concern, but that is not what I am hearing, hence the need for a review. However, in the light of the Minister’s assurances, I am happy to withdraw the amendment.

amendment

As a bill passes through Parliament, MPs and peers may suggest amendments - or changes - which they believe will improve the quality of the legislation.

Many hundreds of amendments are proposed by members to major bills as they pass through committee stage, report stage and third reading in both Houses of Parliament.

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