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Stakeholder Pensions

Volume 458: debated on Thursday 15 March 2007

To ask the Secretary of State for Work and Pensions what estimate he has made of the (a) one-off and (b) recurring cost of implementing the Stakeholder Pension Schemes Regulations 2000 and 2005 to (i) businesses and (ii) the regulators. (125612)

The Stakeholder Pensions Regulations 2000, and the Stakeholder Pensions (Amendment) Regulations 2005 were accompanied by regulatory impact assessments (RIAs), copies of which are available in the Library. These included an assessment of the impact of the regulations on business.

The cost to the Occupational Pensions Regulatory Authority (Opra) of implementing the regulations, if any, is not separately identifiable.