HC Deb 16 January 2003 vol 397 cc740-2W
Mr. Willetts

To 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.

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.


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).

Forward to