Time to assess the impact ofstakeholder

Professional Adviser
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With the 8 October stakeholder deadline now passed, speculation has already started on the relative success of the Government's flagship pension scheme

It is fair to say that 8 October was always going to be a key milestone in the development of stakeholder pensions ' the date by which all employers with five or more employees had to set up or designate a stakeholder pension scheme or have an alternative arrangement in place. There will be a temptation to draw conclusions from data available around 8 October on whether stakeholder pensions have been a success and whether they have reached their target market. Some may wish to go further and speculate on what the statistics say about the future direction of the Government's welfare reform...

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