European Investment Bank

Debate between Lord Livermore and Lord Evans of Rainow

Wednesday 24th July 2024 Lords Chamber

[Lord Livermore (Lab)]

I thank my noble friend for his question. I did not address his question in the debate, because I hoped he knew that I would agree with him, which I do. As part of the pensions review, we will consult all interested bodies.

[Lord Evans of Rainow (Con)]

Will the Minister confirm that, during this pension review, the thousands of savers in pensions over decades will enjoy the 25% tax- free element when they eventually retire?

[Lord Livermore (Lab)]

Yes, I am happy to confirm that.