§ Mr. PollardTo ask the Secretary of State for Trade and Industry if all regulatory proposals relating to the introduction of stakeholder pension schemes will be scrutinised by the Chief Executive of the Small Business Service to ensure that they are(a) easy to understand, (b) easy to comply with and (c) difficult to evade. [107921]
§ Ms HewittThe Government's approach is to regulate only where it is necessary to achieve the desired effect. An important aim is to minimise the burden that would be placed on small firms. Therefore, the Chief Executive of the Small Business Service will be consulted by Government Departments on all regulatory proposals that affect small firms. The process of making regulations easy to understand, easy to comply with and difficult to avoid will, of course, include the proposals relating to the introduction of stakeholder pension schemes.