§ 18. Mr. George OsborneTo ask the Secretary of State for Work and Pensions if he will make a statement on the take-up of stakeholder pensions. [132618]
§ Mr. Andrew SmithOver one-and-a-half million stakeholder pensions have been sold since their introduction in April 2001; over half a million in the last 12 months for which figures are available. This is an encouraging start, and a sign of confidence in the product.