Written question asked by Andrew Love (Labour) on Thursday, 25 February 1999, in the House of Commons. It was due for an answer on Thursday, 4 March 1999. It was answered by Stephen Timms (Labour) on Thursday, 4 March 1999 on behalf of the Department of Social Security.

Dept of Social Security

Question: To ask the Secretary of State for Social Security, what proposals he has for the election of trustees by pension holders as part of the arrangements for the administration of stakeholder pensions; and if he will make a statement.

Answer: Mr. Love: To ask the Secretary of State for Social Security what proposals he has for the election of trustees by pension holders as part of the arrangements for the administration of stakeholder pensions; and if he will make a statement. [74201] Mr. Timms: We expect that many trust-based stakeholder pension schemes will include trustees who are nominated or elected by members of the scheme. The precise requirements applying to the composition of the trustee board in stakeholder pension schemes have not yet been decided. We expect to consult further on this issue in drawing up the detailed regulations that will apply to stakeholder pension schemes.

Secondary information