§ Mr. CorbynTo ask the Secretary of State for Social Security when she expects to publish her Department's proposals on pensions policy; and if she will make a statement. [27006]
§ Mr. DenhamThe pensions review, announced by my right hon. Friend the Secretary of State on 17 July, is looking at the central areas of insecurity for elderly people. A key objective of the review is to ensure that pensioners should have an adequate pension in retirement; that they should share fairly in rising prosperity, and that public finances should be both sustainable and affordable.
The first part of the review ended on 31 October and we are now carefully considering the many responses we have received. We are also consulting on how best to take forward our proposals for Stakeholder Pensions and have asked for comments by the end of this month. We aim to publish an initial framework for change in the first half of this year. There will then be a period of further consultation before final proposals are developed.