§ Mr. WebbTo ask the Secretary of State for Work and Pensions, pursuant to his answer of 28 January 2002,Official Report, column 38W, to the hon. Member for Lichfield (Mr. Fabricant), on pension savings, what the source is of his estimates of contributions to non-state pensions; and if he will provide a breakdown of these totals between different categories of employer and different categories of non-state pension scheme. [32756]
§ Mr. McCartney[holding answer 1 February 2002]: The source of the estimates of contributions to non-state pensions provided to the hon. Member for Lichfield was the Office for National Statistics MQ5 publication as quoted in "Opportunity for All" (Cm 5260). The figures are calculated by summing the contributions of both employers and employees to self-administered pension funds and income for pension business of insurance companies. Data are not available to break down the information as requested.
104W
§ Lynne JonesTo ask the Secretary of State for Work and Pensions what information will be provided on combined pension forecasts to advise individuals of any loss of entitlement to means-tested benefits. [15796]
§ Mr. McCartneyThe purpose of the combined pension forecast is to provide people with good information about their current and future retirement incomes in order to help them make better informed decisions about their needs in retirement and raise awareness of the importance of making adequate provision.
The forecast provides information from both employers/ pension scheme providers and the Department about current and projected entitlements that could be accrued through the payment of contributions.