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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
star 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
unstar 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
star 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 remove filter
star this property answering member printed Guy Opperman more like this
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
unstar this property tabling member
4497
unstar this property label Biography information for Michael Tomlinson more like this
757391
star this property registered interest false more like this
star this property date less than 2017-09-05more like thismore than 2017-09-05
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading National Insurance Contributions 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 plans he has to introduce provisions relating to Class 3 national insurance credits in the National Insurance Contributions Bill. 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
unstar this property uin 8487 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
star 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 remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN
8437 more like this
8438 more like this
star this property question first answered
less than 2017-09-12T16:02:57.45Zmore like thismore than 2017-09-12T16:02:57.45Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar 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
star 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
unstar 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
star 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 remove filter
star this property answering member printed Guy Opperman more like this
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
unstar this property tabling member
4497
unstar this property label Biography information for Michael Tomlinson more like this
756103
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading Pensions: Fees and Charges 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 steps the Government is taking to seek a solution to the problem of hidden costs and charges in pension schemes. more like this
star this property tabling member constituency Stockton North more like this
star this property tabling member printed
Alex Cunningham more like this
unstar this property uin 6875 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
star this property answer text <p>The Financial Conduct Authority (FCA) currently intend to publish final rules later this month on how asset managers must disclose cost and charge information to Independent Governance Committees, and to trustees who have a duty to report on these matters.</p><p> </p><p>As previously announced, the Department for Work and Pensions (DWP) plan to bring forward regulations for consultation later this year on how costs and charges in relevant occupational schemes should be published and given to members. As part of that consultation, DWP will also look at the most appropriate way of communicating the long-term effect of costs and charges on members’ pension pots.</p><p> </p><p>The FCA plan to bring forward rules for members of workplace personal pension schemes and stakeholder pension schemes in due course.</p><p> </p><p> </p> more like this
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN 6876 more like this
star this property question first answered
less than 2017-09-12T09:52:20.093Zmore like thismore than 2017-09-12T09:52:20.093Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
756104
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading Pensions: Fees and Charges 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 plans the Government has to prevent the practice of pension scheme providers using percentage figures to communicate fees and charges to consumers. more like this
star this property tabling member constituency Stockton North more like this
star this property tabling member printed
Alex Cunningham more like this
unstar this property uin 6876 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
star this property answer text <p>The Financial Conduct Authority (FCA) currently intend to publish final rules later this month on how asset managers must disclose cost and charge information to Independent Governance Committees, and to trustees who have a duty to report on these matters.</p><p> </p><p>As previously announced, the Department for Work and Pensions (DWP) plan to bring forward regulations for consultation later this year on how costs and charges in relevant occupational schemes should be published and given to members. As part of that consultation, DWP will also look at the most appropriate way of communicating the long-term effect of costs and charges on members’ pension pots.</p><p> </p><p>The FCA plan to bring forward rules for members of workplace personal pension schemes and stakeholder pension schemes in due course.</p><p> </p><p> </p> more like this
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN 6875 more like this
star this property question first answered
less than 2017-09-12T09:52:20.147Zmore like thismore than 2017-09-12T09:52:20.147Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754959
star this property registered interest false more like this
star this property date less than 2017-07-20more like thismore than 2017-07-20
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading AEA Group: 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 estimate he has made of the number of people affected by the failure of the AEA Technology pension scheme. more like this
star this property tabling member constituency Oxford West and Abingdon more like this
star this property tabling member printed
Layla Moran more like this
unstar this property uin 6579 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 2017-09-07more like thismore than 2017-09-07
star this property answer text <p>The Government created the Pension Protection Fund as a lifeboat to support members of defined benefit pension schemes where the sponsoring employer is unable to meet its pension liabilities following an insolvency event. Compensation is paid at 100 per cent for existing pensioners. Individuals below their scheme pension age at the date of insolvency are paid compensation based on 90 per cent of their accrued pension, subject to an overall cap. In April this year the Government increased the cap to take account of individuals who have long service in a single scheme.</p><p> </p><p>The AEA Technology pension scheme went into the Pension Protection Fund in July 2016, and it is estimated that 3,000 people have been affected as a result. Affected individuals are now covered by Pension Protection Fund compensation arrangements.</p> more like this
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN 6580 more like this
star this property question first answered
less than 2017-09-07T08:27:55.187Zmore like thismore than 2017-09-07T08:27:55.187Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
4656
unstar this property label Biography information for Layla Moran more like this
754960
star this property registered interest false more like this
star this property date less than 2017-07-20more like thismore than 2017-07-20
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading AEA Group: 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 steps he is taking to assist people affected by the failure of AEA Technology pension scheme. more like this
star this property tabling member constituency Oxford West and Abingdon more like this
star this property tabling member printed
Layla Moran more like this
unstar this property uin 6580 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 2017-09-07more like thismore than 2017-09-07
star this property answer text <p>The Government created the Pension Protection Fund as a lifeboat to support members of defined benefit pension schemes where the sponsoring employer is unable to meet its pension liabilities following an insolvency event. Compensation is paid at 100 per cent for existing pensioners. Individuals below their scheme pension age at the date of insolvency are paid compensation based on 90 per cent of their accrued pension, subject to an overall cap. In April this year the Government increased the cap to take account of individuals who have long service in a single scheme.</p><p> </p><p>The AEA Technology pension scheme went into the Pension Protection Fund in July 2016, and it is estimated that 3,000 people have been affected as a result. Affected individuals are now covered by Pension Protection Fund compensation arrangements.</p> more like this
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN 6579 more like this
star this property question first answered
less than 2017-09-07T08:27:55.25Zmore like thismore than 2017-09-07T08:27:55.25Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
4656
unstar this property label Biography information for Layla Moran more like this
754954
star this property registered interest false more like this
star this property date less than 2017-07-20more like thismore than 2017-07-20
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading Occupational Pensions: Low Pay 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 plans his Department has to extend auto-enrolment to low earners. more like this
star this property tabling member constituency Stockton North more like this
star this property tabling member printed
Alex Cunningham more like this
unstar this property uin 6400 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 2017-09-06more like thismore than 2017-09-06
star this property answer text <p>Personal care assistants who meet the eligibility criteria for automatic enrolment must already be automatically enrolled into a workplace pension by their employers.</p><p> </p><p>My Department is currently undertaking a review of the policy and operation of automatic enrolment. This includes looking at the existing policy coverage and how to achieve the right balance between enabling as many people as possible to save into a workplace pension, whilst ensuring that it should make economic sense for them to do so. The review report will be laid before Parliament at the end of the year. The review will have regard to the Equality Act and the principles of fairness, affordability and sustainability. This includes the need to balance the needs of individuals with the costs to employers and ensuring value for money for the taxpayer.</p> more like this
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN 6401 more like this
star this property question first answered
less than 2017-09-06T11:16:04.723Zmore like thismore than 2017-09-06T11:16:04.723Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754952
star this property registered interest false more like this
star this property date less than 2017-07-20more like thismore than 2017-07-20
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading Occupational Pensions: Carers 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 steps his Department is taking to ensure that carers have access to workplace pensions. more like this
star this property tabling member constituency Stockton North more like this
star this property tabling member printed
Alex Cunningham more like this
unstar this property uin 6401 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 2017-09-06more like thismore than 2017-09-06
star this property answer text <p>Personal care assistants who meet the eligibility criteria for automatic enrolment must already be automatically enrolled into a workplace pension by their employers.</p><p> </p><p>My Department is currently undertaking a review of the policy and operation of automatic enrolment. This includes looking at the existing policy coverage and how to achieve the right balance between enabling as many people as possible to save into a workplace pension, whilst ensuring that it should make economic sense for them to do so. The review report will be laid before Parliament at the end of the year. The review will have regard to the Equality Act and the principles of fairness, affordability and sustainability. This includes the need to balance the needs of individuals with the costs to employers and ensuring value for money for the taxpayer.</p> more like this
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN 6400 more like this
star this property question first answered
less than 2017-09-06T11:16:04.77Zmore like thismore than 2017-09-06T11:16:04.77Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754258
star this property registered interest false more like this
star this property date less than 2017-07-19more like thismore than 2017-07-19
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
star 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, what steps he is taking to secure a full transparent market for asset purchase and sales. more like this
star this property tabling member constituency Stockton North more like this
star this property tabling member printed
Alex Cunningham more like this
unstar this property uin 6008 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 2017-09-06more like thismore than 2017-09-06
star this property answer text <p>It is important that pension savers know the costs and charges they are paying and the government is committed to making this happen. We want pension scheme members to have confidence that there are no hidden charges or fees being taken from their pots.</p><p> </p><p>Since 2015, we have required occupational and personal workplace pension schemes offering money purchase benefits, including master trust schemes, to produce an annual statement, which is available to members; which sets out the level of charges and, as far as they are able, transaction costs applicable to all funds; and the extent to which these charges and costs represent good value for members.</p><p> </p><p>It has previously been difficult for schemes to obtain information about the charges and transaction costs they incur. The Financial Conduct Authority (FCA) consulted last year on proposals requiring asset managers to disclose this information to trustees of occupational schemes offering money purchase benefits, and the governance committees for workplace personal pensions.</p><p> </p><p>The FCA will publish a Policy Statement later in the year setting out the final rules and guidance to disclose costs in a standardised format. We then intend to consult on how we can provide information about these costs and charges to the members of occupational schemes and to publish it. The FCA will, thereafter, introduce similar provisions for personal workplace pension schemes members.</p><p> </p><p>The FCA’s Asset Management Market Study indicated that there are significant issues with the way the investment market works. Savers, trustees, and scheme sponsors need a transparent, competitive and cost-effective investment market to provide for their security in later life and to keep their pension provision affordable. We will be studying the recommendations and proposed remedies closely to see what else government can do to support the FCA’s vital work in this area, which could deliver favourable outcomes for pension savers.</p><p> </p><p>To drive competitive pressure on asset managers the FCA recommended we look at barriers to scheme consolidation. We know that smaller pension schemes may not be able to negotiate or drive lower prices within this market, which in turn can lead to better outcomes for savers. Following a recent Call for Evidence, we are actively considering ways that we can simplify scheme consolidation and enable pension scheme scale to develop further.</p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN
6009 more like this
6011 more like this
6012 more like this
6381 more like this
6382 more like this
star this property question first answered
less than 2017-09-06T10:27:04.493Zmore like thismore than 2017-09-06T10:27:04.493Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this