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908455
star this property registered interest false more like this
star this property date less than 2018-05-21more like thismore than 2018-05-21
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading Pension Protection Fund: Carillion more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text What steps she is taking to ensure that support is provided for former Carillion employees whose pensions will not be covered by the Pension Protection Fund. more like this
star this property tabling member constituency Sunderland Central more like this
star this property tabling member printed
Julie Elliott more like this
star this property uin 905457 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-05-21more like thismore than 2018-05-21
unstar this property answer text <p>There are 12 Carillion DB schemes in the Pension protection Fund (PPF) assessment period.</p><p> </p><p>The PPF are working with scheme administrators to determine whether they can pay pensions at or above PPF benefits. Where a scheme cannot do this, the PPF will assume responsibility and pay compensation.</p><p><strong> </strong></p><p>Individuals above their scheme’s normal pension age will receive 100% of their accrued pension, and all other members will receive 90%, subject to an overall cap.</p><p> </p> more like this
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property question first answered
less than 2018-05-21T16:38:21.867Zmore like thismore than 2018-05-21T16:38:21.867Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4127
unstar this property label Biography information for Julie Elliott more like this
1058637
star this property registered interest false more like this
star this property date less than 2019-02-11more like thismore than 2019-02-11
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading Pensioners: Poverty more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text What recent assessment she has made of trends in the level of pensioner poverty; and if she will make a statement. more like this
star this property tabling member constituency Glasgow South West more like this
star this property tabling member printed
Chris Stephens more like this
star this property uin 909129 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-02-11more like thismore than 2019-02-11
unstar this property answer text <p>This Government has seen the absolute poverty rate for pensioners fall to record lows, with over 200,000 fewer pensioners in absolute poverty before housing costs. Rates of material deprivation for pensioners are also at record lows.</p><p>We have reduced pensioner poverty close to historically low levels, lifting the incomes of millions of older people. Since 2009/10, material deprivation for pensioners has fallen from 10 per cent to 7 per cent in 2016/17 and since 2010 there are 200,000 fewer pensioners in absolute poverty, a record low.</p><p>The Government is committed to action that helps to alleviate levels of pensioner poverty. In 2018/19 we will spend £121.5 billion on benefits for pensioners, including £97 billion on the State Pension for this year.</p><p>The Government has also committed to up-rating the basic State Pension by the highest of the growth in earnings, prices or 2.5 per cent - the 'triple lock' guarantee. This will mean that the full basic State Pension will be around £1450 per year higher in 2018/19 than in 2010. The Government has committed to the triple lock for the remainder of this Parliament.</p>
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property question first answered
less than 2019-02-11T17:58:24.993Zmore like thismore than 2019-02-11T17:58:24.993Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4463
unstar this property label Biography information for Chris Stephens more like this
1010730
star this property registered interest false more like this
star this property date less than 2018-11-20more like thismore than 2018-11-20
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading Johnston Press: Pensions more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions,what the Pension Protection Fund has determined the value of Johnston Press pension deficit to be. more like this
star this property tabling member constituency Kirkcaldy and Cowdenbeath more like this
star this property tabling member printed
Lesley Laird more like this
star this property uin 193593 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-11-23more like thismore than 2018-11-23
unstar this property answer text <p>The Johnston Press Pension Plan is currently in the Pension Protection Fund’s (PPF) assessment period, where it will be assessed whether the scheme’s funding level is sufficient to secure pensions to its members at least equal to the level of compensation the PPF would pay. If the scheme’s funding is not sufficient, then it will transfer into the PPF and compensation will be paid at 100 per cent for individuals over their scheme’s retirement age at the date of the insolvency, and 90 per cent of the member’s accrued benefits, subject to an overall cap for everyone else. Benefits accrued post 1997 will be linked to PPF indexation going forward.</p><p><em> </em></p><p>There are around 5,000 pension scheme members who will be affected.</p><p> </p><p>The Pensions Regulator and the PPF are working together with the administrators to understand the circumstances surrounding the sale and its implications for the Johnston Press Pension Plan.</p> more like this
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property question first answered
less than 2018-11-23T14:41:05.127Zmore like thismore than 2018-11-23T14:41:05.127Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4660
unstar this property label Biography information for Lesley Laird more like this
934702
star this property registered interest false more like this
star this property date less than 2018-07-04more like thismore than 2018-07-04
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading State Retirement Pensions more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, with reference to the report, The impact of state pension reforms on people with guaranteed minimum pensions, published by the National Audit Office in March 2016, what steps her Department has taken to identify people with guaranteed minimum pensions affected by the introduction of the new State Pension; and what guidance her Department has issued to affected people to help them make informed decisions on their future pension arrangements. more like this
star this property tabling member constituency Falkirk more like this
star this property tabling member printed
John McNally more like this
star this property uin 160779 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-07-10more like thismore than 2018-07-10
unstar this property answer text <p>The impact of recent pension reforms on people who were contracted out of the additional pension system (and therefore have an entitlement to a guaranteed minimum pension as part of their private pension provision) is dependent on personal circumstances, and there are a multitude of scenarios which can result in a range of different outcomes, both positive and negative. It is not, therefore, practical for government to give general advice to this group; and nor is it an effective use of resources to issue personalised advice to everyone in this situation. The best way for someone who is has been contracted out to find out their state pension provision, and therefore plan their overall later life finances, is to use the ‘Check your state pension’ service.</p><p>The forecasts contained in the Check your State Pension service, as far as is practical, take all impacts into account for an individual when determining their state pension entitlement. Since February 2016, over nine million Check your State Pension forecasts have been viewed.</p><p>In the paper ‘New State Pension: impact on an individual’s pension entitlement – longer term effects’ published by the Department on 14 January 2016, we said:</p><p><em>The final group potentially affected by changes in uprating mechanisms are those who have been contracted-out of the additional pension system at some point in their working life. This is particularly the case where people were contracted-out between 1978/79 and 1987/88. Under the current system these people are awarded an amount of SERPS which is uprated by CPI once in payment. A contracted-out deduction is also made to account for the fact they paid a lower rate of National Insurance, which reduces the amount of SERPS they receive. The individual receives a broadly equivalent amount to the contracted-out deduction of Guaranteed Minimum Pension (GMP) which is paid by the scheme. There is no requirement on schemes under general occupational pensions and social security legislation to uprate GMPs accrued between 1978/79 and 1987/88. Therefore under the current State Pension system contracted-out deductions relating to this period are not uprated. Since SERPs is uprated by CPI, the amount of SERPS received after a contracting-out deduction is made can grow over time. This complex arrangement will end under the new State Pension system and could lead to some people getting a lower notional outcome.</em></p><p><em> </em></p><p><em>However, there are two key factors that offset these potential notional losses. Firstly, this group will be highly likely to benefit from more of their pension being uprated by the triple lock as explained above. Secondly, people with periods of contracting-out on their National Insurance record are likely to be able to build additional qualifying years from 2016/17 which will add 1/35th of the full nSP amount to the amount they receive, up to the full rate.</em></p><p>We have reformed the system to replace it with a simpler one for the future which allows people a clear idea early in their careers of what the state will provide, so they can make their own additional savings plans. www.gov.uk/check-state-pension</p>
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property question first answered
less than 2018-07-10T15:11:37.07Zmore like thismore than 2018-07-10T15:11:37.07Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4424
unstar this property label Biography information for John McNally more like this
1135311
star this property registered interest false more like this
star this property date less than 2019-06-27more like thismore than 2019-06-27
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading Royal Mail: Pensions more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, with reference to the recent agreement between Royal Mail Group and the Communication Workers Union on pension schemes, whether legislation to permit the use of Collective Defined Contribution (CDC) pensions schemes will be introduced before the end of the current parliamentary session. more like this
star this property tabling member constituency West Bromwich West more like this
star this property tabling member printed
Mr Adrian Bailey more like this
star this property uin 270259 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-02more like thismore than 2019-07-02
unstar this property answer text <p>This Government is committed to legislating to facilitate the delivery of collective defined contribution schemes when parliamentary time allows.</p> more like this
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property question first answered
less than 2019-07-02T11:57:34.707Zmore like thismore than 2019-07-02T11:57:34.707Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
320
unstar this property label Biography information for Mr Adrian Bailey more like this
1135807
star this property registered interest false more like this
star this property date less than 2019-07-01more like thismore than 2019-07-01
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading Occupational Pensions more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, with reference to the publication of the master trust and GPP defaults report by Corporate Adviser magazine, whether her Department plans to reduce the protection on charges for members of occupational pension schemes used for automatic enrolment. more like this
star this property tabling member constituency Wallasey more like this
star this property tabling member printed
Ms Angela Eagle more like this
star this property uin 271354 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-04more like thismore than 2019-07-04
unstar this property answer text <p>The DWP have no such plans. The Corporate Adviser report (available on request from <a href="https://corporate-adviser.com/" target="_blank">https://corporate-adviser.com/</a>) showed that the vast majority of pension savers are in schemes are able to invest in a range of diversified assets at prices well below the automatic enrolment charge cap. Therefore I do not intend to reduce member protections.</p><p> </p><p>In my 2017 written statement HCWS249 (<a href="https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2017-11-16/HCWS249/" target="_blank">https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2017-11-16/HCWS249/</a>) I committed to reviewing the level and scope of the charge cap in 2020, alongside the suitability of ‘combination charges’ (where a percentage charge on funds is combined with a charge on contribution or a flat annual fee), to see whether a change is needed to protect members.</p>
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property question first answered
less than 2019-07-04T14:12:02.9Zmore like thismore than 2019-07-04T14:12:02.9Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
491
unstar this property label Biography information for Ms Angela Eagle more like this
756842
star this property registered interest false more like this
star this property date less than 2017-09-04more like thismore than 2017-09-04
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading National Insurance Contributions: Voluntary Work more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, with reference to the forthcoming National Insurance Contributions Bill, what assessment he has made of the potential merits of granting Class 3 national insurance credits to young people engaged in full-time social action programmes. more like this
star this property tabling member constituency Mid Dorset and North Poole more like this
star this property tabling member printed
Michael Tomlinson more like this
star this property uin 8437 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2017-09-12more like thismore than 2017-09-12
unstar this property answer text <p>The Government has no current plans to introduce a Class 3 National Insurance credit for volunteers.</p><p> </p><p>However on 6 September, a Call For Evidence was published on the Full-Time Social Action Review which will develop recommendations on how to support full time volunteering.</p><p> </p><p>Details of how to submit evidence are available here: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/643612/Full_Time_Social_Action_Review_-_Call_for_Evidence.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/643612/Full_Time_Social_Action_Review_-_Call_for_Evidence.pdf</a></p><p> </p><p>The review will consider what the voluntary sector, industry and, if needed, government can do to support full-time volunteering.</p><p> </p> more like this
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property grouped question UIN
8438 more like this
8487 more like this
star this property question first answered
less than 2017-09-12T16:02:57.357Zmore like thismore than 2017-09-12T16:02:57.357Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4497
unstar this property label Biography information for Michael Tomlinson more like this
756843
star this property registered interest false more like this
star this property date less than 2017-09-04more like thismore than 2017-09-04
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading National Insurance Contributions: Voluntary Work more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, with reference to the forthcoming National Insurance Contributions Bill, if =he-she- will consult the Youth Full-Time Social Action Review on the potential merits of granting Class 3 national insurance credits to full-time volunteers. more like this
star this property tabling member constituency Mid Dorset and North Poole more like this
star this property tabling member printed
Michael Tomlinson more like this
star this property uin 8438 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2017-09-12more like thismore than 2017-09-12
unstar this property answer text <p>The Government has no current plans to introduce a Class 3 National Insurance credit for volunteers.</p><p> </p><p>However on 6 September, a Call For Evidence was published on the Full-Time Social Action Review which will develop recommendations on how to support full time volunteering.</p><p> </p><p>Details of how to submit evidence are available here: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/643612/Full_Time_Social_Action_Review_-_Call_for_Evidence.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/643612/Full_Time_Social_Action_Review_-_Call_for_Evidence.pdf</a></p><p> </p><p>The review will consider what the voluntary sector, industry and, if needed, government can do to support full-time volunteering.</p><p> </p> more like this
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property grouped question UIN
8437 more like this
8487 more like this
star this property question first answered
less than 2017-09-12T16:02:57.403Zmore like thismore than 2017-09-12T16:02:57.403Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4497
unstar this property label Biography information for Michael Tomlinson more like this
983078
star this property registered interest false more like this
star this property date less than 2018-10-08more like thismore than 2018-10-08
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading Pensions: Consumer Information more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, with reference to the Written Statement of 4 September 2018 on Pensions Update, HCWS933, whether the proposed pensions dashboard will (a) legally require the participation of all pensions providers, (b) include the state pension and (c) provide clear and neutral information about the users’ pensions. more like this
star this property tabling member constituency Brighton, Pavilion more like this
star this property tabling member printed
Caroline Lucas more like this
star this property uin 176215 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-10-16more like thismore than 2018-10-16
unstar this property answer text <p>The DWP are working through the options around scheme participation in any potential pensions dashboard. The decision whether to legislate to compel participation depends on a number of complex issues such as the functionality, delivery model and governance arrangements. Our findings on this will be included in the feasibility study which will be published shortly.</p><p> </p><p>People can access the online ‘Check your State Pension’ service through GOV.UK to get a forecast of their State Pension, where they can get information about how they may be able to improve it, as well as view their National Insurance contribution record. Check Your State Pension has provided more than ten million online estimates since its introduction in 2016. As part of our feasibility work we have been considering whether State Pension data should be available alongside private pension information. A dashboard will provide pensions information in a clear and simple form.</p> more like this
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property question first answered
less than 2018-10-16T16:40:24.737Zmore like thismore than 2018-10-16T16:40:24.737Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
3930
unstar this property label Biography information for Caroline Lucas more like this
972308
star this property registered interest false more like this
star this property date less than 2018-09-12more like thismore than 2018-09-12
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
star this property hansard heading Pensions: Consumer Information more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, with reference to the Written Statement of 4 September 2018 on Pensions Update, HCWS933, what role industry will have in the delivery of the pensions dashboard; whether the Government plans to fund that dashboard; and how the Government plans to facilitate the delivery of that dashboard. more like this
star this property tabling member constituency Birmingham, Hall Green more like this
star this property tabling member printed
Mr Roger Godsiff more like this
star this property uin 173951 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-10-09more like thismore than 2018-10-09
unstar this property answer text <p>As set out in the Written Statement, <a href="https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-09-04/HCWS933/" target="_blank">https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-09-04/HCWS933/</a></p><p>an industry-led dashboard, facilitated by Government, will harness the best of industry innovation while safeguarding consumer interests and protecting their information. The Department for Work and Pensions will continue to engage with industry, consumer groups and other stakeholders on this model. The Government will protect pension savers and personal information by legislating where necessary. As part of our feasibility work we are still considering the many complex issues involved in developing a dashboard, including those of funding and delivery models. We will shortly report on the findings of the Feasibility Study.</p> more like this
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman remove filter
star this property question first answered
less than 2018-10-09T10:48:55.077Zmore like thismore than 2018-10-09T10:48:55.077Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
304
unstar this property label Biography information for Mr Roger Godsiff more like this