HC Deb 09 April 2001 vol 366 c487W
Mr. Willetts

To ask the Secretary of State for Social Security how many new personal pension schemes were first made available; and how many personal pension products ceased to be open to new members for each year between 1988 and 2000. [157072]

Mr. Rooker

The information is in the table.

Number of personal pension schemes newly registered in each year between 1988 and 2000
year Number of schemes newly registered Number of frozen or closed schemes
1988 197 n/a
1989 47 n/a
1990 30 n/a
1991 37 n/a
1992 16 n/a
1993 6 n/a
1994 2 n/a
1995 9 n/a
1996 18 n/a
1997 16 33
1998 22 1
1999 14 4
2000 13 0
Total 427 38


1. The information in the table is on schemes that are required to pay the Pension Schemes Registry levy.

2. Information on frozen and closed schemes was only required to be reported from 1997. "Frozen schemes" are schemes which admit no new members and do not permit existing members to make new contributions. "Closed schemes" are schemes that admit no new members but allow existing members to continue to contribute.

3. In addition there are 83 schemes that are no longer required to pay the Registry levy. These include schemes that have merged or wound up.


Pension Schemes Registry.