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Welfare Reform and Pensions Act 1999


An initial consultation paper on stakeholder pension schemes was published in November 1997. The Government’s detailed proposals were set out in the consultation paper A new contract for welfare: PARTNERSHIP IN PENSIONS (Cm 4179), published in December 1998.

A series of further consultation papers were published over the summer of 1999, covering the more detailed aspects of stakeholder pension schemes:

  • minimum standards (published 2 June);

  • employer access (29 June);

  • clearing arrangements (12 July);

  • governance arrangements (2 August);

  • regulation, advice and information (2 August); and

  • the tax regime (16 September).

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