§ Dr. CableTo ask the Secretary of State for Work and Pensions (1) what size of stakeholder pension savings a woman currently of the age of 40 years will need under the current annuities system in order to buy in 2026. at the age of 65 years, an index-linked annuity to match the minimum income guarantee, assuming the MIG continues to be linked to earnings, earnings continue to grow at their current rate and current market annuity rates apply; [6364]
(2) what size of stakeholder pension savings a woman currently aged 50 years will need under the current annuities system in order to buy in 2016, at the age of 65 years, an index-linked annuity to match the pensioners' minimum income guarantee, assuming MIG continues to be linked to earnings, earnings continue to grow at their current rate and current market annuity rates apply; [6366]
701W(3) what size of stakeholder pension savings a woman currently of the age of 60 years will need under the current annuities system in order to buy in 2006, aged 65 years, an index-linked annuity to match the pensioners' minimum income guarantee, assuming MIG continues to be linked to earnings, earnings continue to grow at their current rate and current market annuity rates apply. [6365]
§ Mr. McCartneyI will write to the hon. Member.
§ Dr. CableTo ask the Secretary of State for Work and Pensions for what reason unisex annuities were not adopted in the regulations introducing stakeholder pensions. [6369]
§ Mr. McCartneyCurrent legislation already requires annuity providers to provide a unisex annuity in respect of any protected rights in occupational and personal pensions.