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<p>HM TREASURY</p><p> </p><p> </p><p> </p><p>MP Gregg McClymont MP</p><p> </p><p><strong>CUMBERNAULD,
KILSYTH AND KIRKINTILLOCH EAST</strong></p><p> </p><p>To ask Mr Chancellor of the
Exchequer if he will publish an impact assessment of planned changes to pensions from
2015 as announced in the 2014 Budget 195423</p><p> </p><p>DAVID GAUKE</p><p>The expected
Exchequer impacts over the forecast period of the changes made to private pensions
taxation as announced at Budget 2014 were included in the Taxes Information and Impact
Note “Increasing Pension Flexibility” published on 19 March 2014 and can be found
in Table 2.1 (p.56) of the Red Book.</p><p> </p><p>The Treasury announced in paragraph
1.13 of “Freedom of Choice in Pensions” that “it intends to publish draft legislation
for a short technical consultation prior to the introduction of the legislation that
will enact the changes from April 2015”. A consultation impact assessment will be
published alongside this draft legislation.</p><p> </p><p> </p>
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