§ 24. Mr. ViggersTo ask the Secretary of State for Work and Pensions what action the Government propose to take to ensure that individuals are able to make appropriate provision for their retirement. [469]
§ Mr. McCartneyThe Government are encouraging people to save for their retirement in a variety of ways. We have introduced stakeholder pensions, a new low cost safe, flexible pension option for moderate and high earners who do not have access to a good occupational scheme. We are also providing better information, through leaflets and in time combined pension forecasts, to help people make choices about the most appropriate provision for their retirement. And we continue to work closely with the pensions industry to seek ways of making the regulatory system simpler and easier to operate.