§ Mr. Stephen O'BrienTo ask the Secretary of State for Trade and Industry from what date the Department of Trade and Industry ensured that life offices that offered Guaranteed Annual Returns for self-employed pensions were matching assets against guarantees given. [103478]
§ Ruth KellyI have been asked to reply.
There are no specific requirements relating to pensions for self-employed people. Life insurers offering personal and stakeholder pensions are subject to the same prudential supervision as other regulated firms.