McCartney sees compulsion as possibility if interest in stakeholder does not increase soon

Pensions minister Ian McCartney is in favour of compulsion for stakeholder pensions, telling delegates at the recent Labour Party Conference that compulsion would be introduced if stakeholder is not taken up in sufficient numbers. Speaking at a fringe meeting held by Age Concern, the minister said: 'We have no specific plans now to introduce compulsion but you can read between the lines and see that it's a possibility.' Division in the Labour Party concerning stakeholder was brought to light at the conference when MP Helen Clark argued at a fringe meeting that there were serious proble...