§ Mr. CousinsTo ask the Chancellor of the Exchequer if LISA style pensions are to be used as freestanding top-ups to existing(a) personal and (b) occupational pension plans. [69890]
§ Ms HewittThe Treasury's proposal, currently under consultation, is for an investment vehicle to help launch stakeholder pensions. As the Chief Secretary stated in his answer to my hon. Friend the Member for Preseli Pembrokeshire (Ms Lawrence) on 3 February 1999,Official Report, column 677–78, this financial instrument could also be used by any other kind of pension: personal pensions, occupational pensions and additional voluntary contributions to occupational schemes.