§ Mr. Malcolm BruceTo ask the Chancellor of the Exchequer what plans he has to modify the regulatory environment for pensions to encourage the private sector to make provision for low-cost, funded, second tier pensions; which of his Ministers is responsible for reviewing pensions regulation; and if he will make a statement. [59362]
§ Mr. Denham[holding answer 12 November 1998]: I have been asked to reply.
We are conducting a review into all aspects of pensions, including second tier pensions. One of the challenges for the review is to get the regulation of pensions right, so that people are confident their pensions are secure. We intend to publish a Green Paper on pensions later this year.