HC Deb 29 January 2001 vol 362 c84W
26. Mr. Gordon Prentice

To ask the Secretary of State for Social Security what steps he is taking to remind employers of their obligations to inform their employees about the new stakeholder pensions. [145985]

Mr. Rooker

We have sent a guide to all employers with five or more employees and articles have been included in Inland Revenue newsletters which have been sent to all employers.

We will continue to publicise the requirements using further editions of the Inland Revenue newsletter and articles in various trade magazines.

In addition to our own activities, pension providers will be marketing stakeholder pensions to employers.

Miss Mclntosh

To ask the Secretary of State for Social Security what representations he has received about the impact of the recent developments at Equitable Life on the take-up of stakeholder pensions; and if he will make a statement. [145980]

Mr. Rooker

People are naturally concerned about the Equitable Life affair and have made representations about the effect that it might have on their pension savings.

We do not expect that there will be a significant effect on the take up of stakeholder pensions.

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