Pensions

Work and Pensions written question – answered on 16th January 2002.

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Photo of Steve Webb Steve Webb Shadow Secretary of State for Work and Pensions

To ask the Secretary of State for Work and Pensions if he will make a statement on the role of affinity groups in the promotion of stakeholder pensions; and if he will estimate the number of pensions sold through this route.

Photo of Ian McCartney Ian McCartney Minister for pensions, Department for Work and Pensions

Affinity groups perform an important and valued role in assisting the Government's aim to ensure that everyone has the chance to save for a decent income in retirement. Several affinity groups are registered as stakeholder pension providers. Around 173,000 stakeholder pensions have been sold by such groups.

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