§ Mr. Derek TwiggTo ask the Secretary of State for Social Security what further changes he proposes to make to the stakeholder pensions regulations. [154446]
§ Mr. RookerThe Government made a commitment to work with the pensions industry to ensure that stakeholder pensions offer a realistic and effective second pension option. We have today laid amending regulations to make changes of a practical and technical nature. The changes make the stakeholder regulations more effective, and include provisions which take account of the views of the pensions industry, including organisations setting up stakeholder pension schemes. For example, schemes will be able to stagger the issue of annual benefit statements over the year, rather than having to issue them all at once.