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385303

registered interest
date	24/06/2015
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pension Funds
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government, further to the remarks by Lord Bourne of Aberystwyth on 7 January (HL Deb, col 432), when they plan to consult on improving transparency for pension savers regarding where their money is invested and how rights attached to it are being exercised; and when they plan to consider how secondary legislation could be used to ensure greater transparency for pension savers.
tabling member printed	Lord Harrison
uin	HL786
answer	answer is ministerial correction date of answer 06/07/2015 answer text <p /> <p>The Government is committed to ensuring greater transparency for pension savers.</p><p> </p><p>From April this year, workplace schemes are required to report on the value delivered by costs and charges in their scheme for the first time. Building on this, the Department for Work and Pensions and the Financial Conduct Authority ran a joint Call for Evidence ‘Transaction Cost Disclosure: Improving Transparency in Workplace Pensions’, considering how transaction costs could be disclosed in a standardised way. This is the first phase of work required to meet duties under Section 44 of the Pensions Act 2014 to require transaction costs to be disclosed to members and others; and transaction costs and administration charges to be published. The Government is currently considering responses to the Call for Evidence.</p><p> </p><p>Transparency is not just about costs and charges. Earlier this year the Government consulted on changes to the Occupational Pension Schemes Investment Regulations requiring trustees to report how they take financial and non-financial factors into account when investing, and their schemes stewardship policy. The Government is currently considering responses to the consultation.</p><p> </p><p>The Government intends to consult on any secondary legislation required following these exercises later this year, and will consider what further proposals may be needed to ensure greater transparency for pension savers including consideration both of its duties under the Pensions Act 2014 and the remarks made in debates on 7 January.</p> answering member printed Baroness Altmann question first answered 06/07/2015 12:06:11 answering member 4533 label Biography information for Baroness Altmann
tabling member	2488 label Biography information for Lord Harrison

175367

registered interest
date	22/01/2015
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Personal Independence Payment
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government how many people receiving Personal Independence Payment have undergone an intervention to review their entitlement.
tabling member printed	Lord Harrison
uin	HL4370
answer	answer is ministerial correction date of answer 29/01/2015 answer text <p>The information requested regarding interventions is not currently available.</p><p> </p><p> </p><p> </p><p>Information on claims made to Personal Independence Payment (PIP) broken down by condition is not available. By 21 October 2014, 1,535 people classified as having a movement disorder as their primary condition were in receipt of PIP.</p><p> </p><p> </p><p> </p><p>The Department has robust processes in place to assure the quality of Personal Independence Payment assessments and decisions about benefit entitlement, through regular audit and quality checks by specialist teams. We continue to review processes to ensure they remain appropriate and effective.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> answering member printed Lord Freud grouped question UIN HL4371 HL4372 HL4373 question first answered 29/01/2015 17:37:41 answering member 3893 label Biography information for Lord Freud
tabling member	2488 label Biography information for Lord Harrison

175368

registered interest
date	22/01/2015
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Personal Independence Payment
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government how many people with Parkinson's receiving Personal Independence Payment have undergone an intervention to review their entitlement.
tabling member printed	Lord Harrison
uin	HL4371
answer	answer is ministerial correction date of answer 29/01/2015 answer text <p>The information requested regarding interventions is not currently available.</p><p> </p><p> </p><p> </p><p>Information on claims made to Personal Independence Payment (PIP) broken down by condition is not available. By 21 October 2014, 1,535 people classified as having a movement disorder as their primary condition were in receipt of PIP.</p><p> </p><p> </p><p> </p><p>The Department has robust processes in place to assure the quality of Personal Independence Payment assessments and decisions about benefit entitlement, through regular audit and quality checks by specialist teams. We continue to review processes to ensure they remain appropriate and effective.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> answering member printed Lord Freud grouped question UIN HL4370 HL4372 HL4373 question first answered 29/01/2015 17:37:42 answering member 3893 label Biography information for Lord Freud
tabling member	2488 label Biography information for Lord Harrison

175369

registered interest
date	22/01/2015
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Personal Independence Payment
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what plans they have (1) to pilot the Personal Independence Payment quality assurance process, (2) to publish an evaluation of the Personal Independence Payment quality assurance process, and (3) to consult on the Personal Independence Payment quality assurance process.
tabling member printed	Lord Harrison
uin	HL4372
answer	answer is ministerial correction date of answer 29/01/2015 answer text <p>The information requested regarding interventions is not currently available.</p><p> </p><p> </p><p> </p><p>Information on claims made to Personal Independence Payment (PIP) broken down by condition is not available. By 21 October 2014, 1,535 people classified as having a movement disorder as their primary condition were in receipt of PIP.</p><p> </p><p> </p><p> </p><p>The Department has robust processes in place to assure the quality of Personal Independence Payment assessments and decisions about benefit entitlement, through regular audit and quality checks by specialist teams. We continue to review processes to ensure they remain appropriate and effective.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> answering member printed Lord Freud grouped question UIN HL4370 HL4371 HL4373 question first answered 29/01/2015 17:37:42 answering member 3893 label Biography information for Lord Freud
tabling member	2488 label Biography information for Lord Harrison

175370

registered interest
date	22/01/2015
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Personal Independence Payment
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government how many people with movement disorders have applied for Personal Independence Payment.
tabling member printed	Lord Harrison
uin	HL4373
answer	answer is ministerial correction date of answer 29/01/2015 answer text <p>The information requested regarding interventions is not currently available.</p><p> </p><p> </p><p> </p><p>Information on claims made to Personal Independence Payment (PIP) broken down by condition is not available. By 21 October 2014, 1,535 people classified as having a movement disorder as their primary condition were in receipt of PIP.</p><p> </p><p> </p><p> </p><p>The Department has robust processes in place to assure the quality of Personal Independence Payment assessments and decisions about benefit entitlement, through regular audit and quality checks by specialist teams. We continue to review processes to ensure they remain appropriate and effective.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> answering member printed Lord Freud grouped question UIN HL4370 HL4371 HL4372 question first answered 29/01/2015 17:37:42 answering member 3893 label Biography information for Lord Freud
tabling member	2488 label Biography information for Lord Harrison

44613

registered interest
date	24/03/2014
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what recent steps they have taken to ensure that information on the engagement activities of pension funds and other institutional investors with investee companies is made fully accessible.
tabling member printed	Lord Harrison
uin	HL6270
answer	answer is ministerial correction date of answer 31/03/2014 answer text <p /> <p /> <p /> <p>The Government supports the principles set out in the Financial Reporting Council (FRC) UK Stewardship Code including schemes becoming active stewards of their investments and reporting on that stewardship. The Code sets out a number of areas of good practice to which the FRC believes institutional investors should aspire, and operates on a 'comply or explain' basis. It includes guidance for pension schemes and other asset owners on steps they can take to protect and enhance the value that accrues to the ultimate beneficiary. The FCA requires UK authorised asset managers to report on whether or not they apply the Code.</p><p> </p><p>The UK stewardship code is voluntary, however we would encourage workplace pensions schemes to comply with the principles set out in the code. In addition we are developing governance standards of workplace defined contribution schemes, and have asked the Law Commission to investigate how fiduciary duties currently apply in the investment chain. The Pensions Regulator's defined contribution Code of Practice also sets out the legal requirements and standards they expect trustees of defined contribution schemes to attain. This includes a section on investment which also references the FRC Stewardship code. These initiatives are part of our on-going work to ensure schemes are governed and administered to deliver in members' interests.</p> answering member printed Lord Freud grouped question UIN HL6271 HL6272 question first answered 31/03/2014 12:00:00 answering member 3893 label Biography information for Lord Freud
tabling member	2488 label Biography information for Lord Harrison

44614

registered interest
date	24/03/2014
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the case for large occupational defined contribution pension schemes to be active owners or stewards of their assets, in line with the definition of stewardship as outlined in the Financial Reporting Council's Stewardship Code.
tabling member printed	Lord Harrison
uin	HL6271
answer	answer is ministerial correction date of answer 31/03/2014 answer text <p /> <p /> <p /> <p>The Government supports the principles set out in the Financial Reporting Council (FRC) UK Stewardship Code including schemes becoming active stewards of their investments and reporting on that stewardship. The Code sets out a number of areas of good practice to which the FRC believes institutional investors should aspire, and operates on a 'comply or explain' basis. It includes guidance for pension schemes and other asset owners on steps they can take to protect and enhance the value that accrues to the ultimate beneficiary. The FCA requires UK authorised asset managers to report on whether or not they apply the Code.</p><p> </p><p>The UK stewardship code is voluntary, however we would encourage workplace pensions schemes to comply with the principles set out in the code. In addition we are developing governance standards of workplace defined contribution schemes, and have asked the Law Commission to investigate how fiduciary duties currently apply in the investment chain. The Pensions Regulator's defined contribution Code of Practice also sets out the legal requirements and standards they expect trustees of defined contribution schemes to attain. This includes a section on investment which also references the FRC Stewardship code. These initiatives are part of our on-going work to ensure schemes are governed and administered to deliver in members' interests.</p> answering member printed Lord Freud grouped question UIN HL6270 HL6272 question first answered 31/03/2014 12:00:00 answering member 3893 label Biography information for Lord Freud
tabling member	2488 label Biography information for Lord Harrison

44615

registered interest
date	24/03/2014
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the case for large occupational defined benefit pension schemes to be active owners or stewards of their assets, in line with the definition of stewardship as highlighted in the Financial Reporting Council's Stewardship Code.
tabling member printed	Lord Harrison
uin	HL6272
answer	answer is ministerial correction date of answer 31/03/2014 answer text <p /> <p /> <p /> <p>The Government supports the principles set out in the Financial Reporting Council (FRC) UK Stewardship Code including schemes becoming active stewards of their investments and reporting on that stewardship. The Code sets out a number of areas of good practice to which the FRC believes institutional investors should aspire, and operates on a 'comply or explain' basis. It includes guidance for pension schemes and other asset owners on steps they can take to protect and enhance the value that accrues to the ultimate beneficiary. The FCA requires UK authorised asset managers to report on whether or not they apply the Code.</p><p> </p><p>The UK stewardship code is voluntary, however we would encourage workplace pensions schemes to comply with the principles set out in the code. In addition we are developing governance standards of workplace defined contribution schemes, and have asked the Law Commission to investigate how fiduciary duties currently apply in the investment chain. The Pensions Regulator's defined contribution Code of Practice also sets out the legal requirements and standards they expect trustees of defined contribution schemes to attain. This includes a section on investment which also references the FRC Stewardship code. These initiatives are part of our on-going work to ensure schemes are governed and administered to deliver in members' interests.</p> answering member printed Lord Freud grouped question UIN HL6270 HL6271 question first answered 31/03/2014 12:00:00 answering member 3893 label Biography information for Lord Freud
tabling member	2488 label Biography information for Lord Harrison