§ Mr. WillettsTo ask the Secretary of State for Work and Pensions, pursuant to his answer of 26 November 2002,Official Report, column 212W, which companies were registered as stakeholder pension providers on 6 April 2001; and whether any of these have stopped offering stakeholder pensions direct to individuals since then. [88221]
§ Mr. McCartney[pursuant to his answers, 7 January 2003, Official Report, c. 172–74W and 13 January 2003, Official Report, c. 366–68W]: The information available is in the table.
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Companies registered as stakeholder pension providers on 6 April 20011 Address Have since 6 April 2001 notified that they have stopped offering stakeholder pensions direct to individuals2 St Andrew's Life Assurance Plc PO Box 10, Walton Street, Aylesbury De-registered3 as a stakeholder pension scheme August 2002 following parent company's (Bank of Scotland) merger with the Halifax B&CE Insurance Ltd Manor Royal, Crawley Brittanic Assurance Plc 1 Wythall Green Way, Wythall, Birmingham Canada Life Ltd Canada Life Place, Potters Bar De-registered as a stakeholder pension scheme December 2002 Chamber Pensions Ltd Manning House, 22 Carlisle Place, London Stopped4 July 2001 Co-operative Insurance Society Miller Street, Manchester Clerical Medical Investment Group Narrow Plain, Bristol Deutsche Asset Management Life and Pensions Ltd One Appold Street, London Eagle Star Life Assurance Company Ltd UK Life Tower, Montpellier Drive, Cheltenham, Gloucester Friends Provident Life and Pensions Ltd5 Pixham End, Dorking, Surrey Halifax Life Ltd Trinity Road, Halifax, West Yorkshire HSBC Life (UK) Ltd Norwich House, Nelson Gate, Commercial Road, Southampton INVESCO Pensions Ltd INVESCO Park, INVESCO Park Drive, Henley on Thames Legal and General Assurance Society Ltd Temple Court, 11 Queen Victoria Street, London Marks and Spencer Life Assurance Ltd Kings Meadow, Chester Merrill Lynch Pensions Ltd 33 King William Street, London Nationwide Unit Trust Managers Ltd Nationwide House, Pipers Way, Swindon National Westminster Life Assurance Ltd PO Box 886, Trinity Quay, Avon Street, Bristol National Farmers Union Mutual Insurance Society Ltd Tiddington Road, Stratford-upon-Avon CGNU Life Assurance Ltd 2 Rougier Street, York NPI Ltd Box 89, 55 Calverley Road, Tunbridge Wells Pearl Assurance (Unit Linked Pensions) Ltd Box 89, 55 Calverley Road. Tunbridge Wells Police Mutual Assurance Society Ltd Alexandra House, Queen Street, Lichfield The Prudential Assurance Company Ltd Abbey Gardens, 55 Kings Road, Reading Royal and Sun Alliance Life and Pensions Ltd St. Marks Court, Chart Way, Horsham Royal Liver Assurance Ltd Royal Liver Building, Pier Head, Liverpool The Royal London Mutual Insurance Society Ltd Royal London House, Middleborough, Colchester Royal Scottish Assurance Plc 42 St. Andrew Square, Edinburgh Schroder Pensions Ltd 31 Gresham Street, London Scottish Amicable Life Plc PO Box 25, Craigforth, Stirling Scottish Equitable Plc Edinburgh Park, Edinburgh The Royal London Mutual Insurance Society Ltd Royal London House, Middleborough, Colchester Scottish Mutual Assurance Plc Abbey National House, 301 Vincent Street, Glasgow Scottish Widows Plc 69 Morrison Street, Edinburgh FPS Stakeholder Trustee Limited Castle House, Park Road, Banstead The Standard Life Assurance Company Standard Life House, 30 Lothian Road, Edinburgh Teachers Provident Society Ltd Deansleigh Road, Bournemouth TUC Stakeholder Trustees Ltd Congress House, Great Russell Street, London Virgin Money Unit Trust Managers Ltd Discovery House, Whiting Road, Norwich Wesleyan Assurance Society Colmore Circus, Birmingham Winterthur Life UK Ltd Winterthur Way, Basingstoke 1 Information from The Occupational Pensions Regulatory Authority's (Opra) register of stakeholder pension schemes. 2 While registered stakeholder pension providers are required to inform Opra of any restrictions they impose on membership to their scheme, they do not have to inform the Authority of any changes to their marketing or publicity strategies. 3 De-registered' effectively means leaving the stakeholder pensions market altogether. 4 Stopped' means the provider does not accept business from individuals, but does offer stakeholder pensions to group clients. 5 The Friends Provident Stakeholder Pensions Scheme closed to both new group and individual business in January 2002, while remaining open to accept contributions from existing members. However, Friends Provident's other stakeholder pension scheme, Friends Provident Pensions Limited Stakeholder Pension Scheme, continues to sell stakeholder pensions to both groups and individuals. Note:
James Hay Trustees Ltd is not included in the table above because it did not register until after 6 April 2001 (registered March 2002 and de-registered August 2002).
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