§ Mr. WillettsTo ask the Secretary of State for Work and Pensions what plans he has for a further promotional campaign on stakeholder pensions; and what provision for such a campaign has been included in the previously announced forecasts of current year spending. [2258]
§ Mr. McCartneyThe Government attach great importance to providing clear information to help people make informed decisions about saving for their retirement and to encourage them to take action.
We have undertaken work to inform both individuals and employers about stakeholder pensions. Our pensions education campaign gives individuals broad information 64W about the range of pension options available, including stakeholder pensions. Our activities to inform employers about stakeholder pensions began last autumn when we mailed all employers with five or more employees and a programme of media activity has been taking place since then. In addition, we will be mailing employers with five or more employees again shortly to remind them about stakeholders.
For individuals, we will continue to undertake pensions education publicity activity.