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Orphan Assets

Volume 324: debated on Thursday 28 January 1999

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18.

To ask the Chancellor of the Exchequer what is his policy with regard to orphan assets. [66534]

The Treasury's policy on orphan assets (inherited estates) of insurance companies was set out in the Treasury's response to the Treasury Select Committee report on personal pension misselling. This was published in the Committee's First Special Report (session 1998–99) on 18 January.