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759848
star this property registered interest false more like this
star this property date less than 2017-09-12more like thismore than 2017-09-12
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading Workplace Pensions: Plumbing more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 prevent financial disbenefit for plumbers affected by section 75 of the Pensions Act 1995; and if he will make a statement. more like this
star this property tabling member constituency Angus more like this
star this property tabling member printed
Kirstene Hair more like this
star this property uin 10024 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-09-14more like thismore than 2017-09-14
star this property answer text <p>DWP recognises the difficulties multi employer schemes such as the Plumbers have with the current Employer Debt legislation. The recent Green Paper “Security and Sustainability in Defined Benefit pension schemes” explores these issues and during the consultation period officials have engaged with a range of stakeholders to explore potential legislative changes which could help multi employer schemes. We plan to respond on this issue in a White Paper later this winter.</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 question first answered
less than 2017-09-14T14:02:04.507Zmore like thismore than 2017-09-14T14:02:04.507Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4675
unstar this property label Biography information for Kirstene Hair more like this
759841
star this property registered interest false more like this
star this property date less than 2017-09-12more like thismore than 2017-09-12
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, if he will meet the hon. Member for Kingston upon Hull West and Hessle and a delegation from WASPI Hull to discuss changes to the state pension age for women born in the 1950s. more like this
star this property tabling member constituency Kingston upon Hull West and Hessle more like this
star this property tabling member printed
Emma Hardy more like this
star this property uin 10098 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-09-14more like thismore than 2017-09-14
star this property answer text <p>There are no current plans to meet with representatives of the Women Against State Pension Inequality campaign in the immediate future.</p><p><strong> </strong></p><p>This matter has been comprehensively debated on many occasions in Parliament, most recently in a Westminster Hall Debate on 5th July 2017 in which I stated I will be meeting the All Party Parliamentary Group (APPG) when it is reformed.</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 question first answered
less than 2017-09-14T14:03:38.647Zmore like thismore than 2017-09-14T14:03:38.647Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4645
unstar this property label Biography information for Emma Hardy more like this
760761
star this property registered interest false more like this
star this property date less than 2017-09-14more like thismore than 2017-09-14
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 State Retirement Pensions: Uprating more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, whether the Government has plans to raise the basic state pension in 2018 by September 2017's CPI inflation figure of 2.9 per cent. more like this
star this property tabling member constituency Oldham East and Saddleworth more like this
star this property tabling member printed
Debbie Abrahams more like this
star this property uin 105086 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-10-09more like thismore than 2017-10-09
star this property answer text <p>The Government is committed to increase the basic State Pension up to the full amount of the new State Pension by the Triple Lock for the duration of this Parliament. The Triple Lock ensures that the highest of the growth in wages, prices (CPI) and 2.5% is applied. A decision on the rate to be used is taken annually following the publication of price inflation and earnings growth rate statistics in October.</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 question first answered
less than 2017-10-09T12:40:37.713Zmore like thismore than 2017-10-09T12:40:37.713Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4212
unstar this property label Biography information for Debbie Abrahams more like this
760782
star this property registered interest false more like this
star this property date less than 2017-09-14more like thismore than 2017-09-14
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 Companies: Finance more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, if he will introduce legislative proposals to prohibit companies with a deficit on their defined benefit pension scheme from paying any dividends without the prior approval of the Pensions Regulators. more like this
star this property tabling member constituency Luton North more like this
star this property tabling member printed
Kelvin Hopkins more like this
star this property uin 105226 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-10-09more like thismore than 2017-10-09
star this property answer text <p>Our Green Paper: Security and Sustainability in Defined Benefit Schemes looked at a number of potential measures to further protect DB schemes – including introducing a system for compulsory clearance by the Regulator for certain corporate transactions and a requirement for employers to consult with trustees before paying dividends where the scheme is underfunded.</p><p>We are currently analysing the feedback received and will publish a White Paper in winter. Any future changes to legislation need to be considered carefully against the need to ensure appropriate protections for members, the impact on business and the wider economy.</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 105228 more like this
star this property question first answered
less than 2017-10-09T17:02:25.183Zmore like thismore than 2017-10-09T17:02:25.183Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
2
unstar this property label Biography information for Kelvin Hopkins more like this
760775
star this property registered interest false more like this
star this property date less than 2017-09-14more like thismore than 2017-09-14
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 Companies: Mergers and Takeovers more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, if he will bring forward legislative proposals to require companies with a deficit on their defined benefit pension scheme to seek the approval of the Pensions Regulator before agreeing to any merger or takeover. more like this
star this property tabling member constituency Luton North more like this
star this property tabling member printed
Kelvin Hopkins more like this
star this property uin 105228 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-10-09more like thismore than 2017-10-09
star this property answer text <p>Our Green Paper: Security and Sustainability in Defined Benefit Schemes looked at a number of potential measures to further protect DB schemes – including introducing a system for compulsory clearance by the Regulator for certain corporate transactions and a requirement for employers to consult with trustees before paying dividends where the scheme is underfunded.</p><p>We are currently analysing the feedback received and will publish a White Paper in winter. Any future changes to legislation need to be considered carefully against the need to ensure appropriate protections for members, the impact on business and the wider economy.</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 105226 more like this
star this property question first answered
remove maximum value filtermore like thismore than 2017-10-09T17:02:25.23Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
2
unstar this property label Biography information for Kelvin Hopkins more like this
760952
star this property registered interest false more like this
star this property date less than 2017-09-14more like thismore than 2017-09-14
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 State Retirement Pensions: Barnsley more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, how many women in Barnsley born in the 1950s and affected by the change in state pension age have returned to employment from a position of unemployment. more like this
star this property tabling member constituency Barnsley East more like this
star this property tabling member printed
Stephanie Peacock more like this
star this property uin 105266 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-10-09more like thismore than 2017-10-09
star this property answer text <p>The data requested is not held, however the number of older workers in the UK is at a record high, currently standing at 9.9m workers aged 50 years and over. 4.2m women aged 50-64 are in employment; this compares to 3.5m five years ago. There are 1.2 million individuals in employment aged over 65, of which 39% are women.</p><p> </p><p>Employment rates for older workers have also been increasing and recently reached record highs. Since ten years ago, the employment rate has increased by 6.2 percentage points (pp) (from 64.9% to 71.1%) for people aged 50-64. The current employment rate for women aged 50-64 is at a record high of 66.8%.</p><p> </p><p>Further information on estimates of employment, unemployment, economic inactivity and other employment-related statistics for the UK can be found in the “UK labour market: September 2017” statistical bulletin published at the Office for National Statistics (ONS) website:</p><p><a href="https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/september2017" target="_blank">https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/september2017</a></p><p> </p><p>The Government is committed to supporting people aged 50 years and over to remain in and return to work; the ‘Fuller Working Lives: A Partnership Approach’ strategy was published on 2nd February. This, crucially, is led by employers, but it also sets out the case for action by individuals, and the role of Government in supporting them in planning their careers and their approach to retirement. The Strategy and supporting evidence base are available at the attached web address:</p><p><a href="https://www.gov.uk/government/publications/fuller-working-lives-a-partnership-approach" target="_blank">https://www.gov.uk/government/publications/fuller-working-lives-a-partnership-approach</a></p><p> </p><p>Analysis on the headline measures that the government uses to monitor progress on Fuller Working Lives can be found in this statistical release:</p><p><a href="https://www.gov.uk/government/statistics/economic-labour-market-status-of-individuals-aged-50-and-over-trends-over-time-september-2017" target="_blank">https://www.gov.uk/government/statistics/economic-labour-market-status-of-individuals-aged-50-and-over-trends-over-time-september-2017</a></p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-10-09T16:55:57.637Zmore like thismore than 2017-10-09T16:55:57.637Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4607
unstar this property label Biography information for Stephanie Peacock more like this
731130
star this property registered interest false more like this
star this property date less than 2017-06-21more like thismore than 2017-06-21
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, (a) on which dates and (b) by which means his Department has taken steps to raise awareness by way of publicity about changes to the UK state pension age for women born in the 1950s. more like this
star this property tabling member constituency Glasgow East more like this
star this property tabling member printed
David Linden more like this
star this property uin 107 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-06-28more like thismore than 2017-06-28
star this property answer text <p>Between April 2009 and March 2011, the Department mailed women born between 6th April 1950 and 5th April 1953, informing them of their State Pension age under the 1995 Pensions Act. This involved sending 1.16 million letters to the affected women.</p><p>Following the 2011 changes, DWP wrote to individuals directly affected to inform them of the change to their State Pension age. This applied to women born between 6th April 1953 and 5th April 1960. These letters were sent between January 2012 and November 2013. This involved sending 5.77 million letters to the affected men and women.</p><p>In addition to writing directly to those affected, the Government provided a range of information in order for all individuals to be able to find out their State Pension age and conditions of their benefits. For example, following the Pensions Act 1995, State Pension estimates, issued to individuals on request, made the changes clear. Since 2000, the Department has issued 14 million State Pension estimates on request. Between 2003 and 2006, the Department issued about 16 million automatic pension forecasts, which were accompanied by a leaflet about State Pension age including equalisation. DWP also ran a pensions education campaign in 2004, which included informing people of the future equalisation of State Pension.</p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-06-28T16:22:51.667Zmore like thismore than 2017-06-28T16:22:51.667Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4640
unstar this property label Biography information for David Linden more like this
732691
star this property registered interest false more like this
star this property date less than 2017-06-26more like thismore than 2017-06-26
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, whether he plans to meet representatives of the Women Against State Pension Inequality campaign to discuss the effect of 1995 and 2011 changes to women's state pension age. more like this
star this property tabling member constituency Newcastle upon Tyne North more like this
star this property tabling member printed
Catherine McKinnell more like this
star this property uin 1141 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-12more like thismore than 2017-07-12
star this property answer text <p>There are no current plans to meet with representatives of the Women Against State Pension Inequality campaign in the immediate future.</p><p><strong> </strong></p><p>This matter has been comprehensively debated on many occasions in Parliament, most recently in a Westminster Hall Debate on 5th July 2017 in which I stated I will be meeting the all-party parliamentary group when it is reformed.</p><p><strong> </strong></p><p>In addition to the substantive debate on this issue, previous Ministers have met with WASPI representatives to discuss the effect of the 1995 and 2011 changes to women’s State Pension age. Baroness Ros Altmann and Shailesh Vara MP met with representatives of the WASPI group on 29th June 2016 to listen to their concerns.</p><p> </p><p>This issue was also raised in a meeting on 23 November 2016 between the former Secretary of State Damian Green, the then Minister for Pensions Richard Harrington MP and representatives from the relevant All Party Parliamentary Group (APPG).</p><p> </p><p>Following these meetings and debates, the government maintains the view that the 1995 and 2011 changes to State Pension age were necessary. We remain very clear that we will make no further changes to the State Pension age or pay financial redress in lieu of pension. Therefore the government believes that there is no value for either party in future meetings with representatives from the Women Against State Pension Inequality campaign.</p><p> </p><p> </p><p>A key priority for Government remains supporting individuals aged 50 years and over to return to and remain in the labour market, and tackling the barriers to them doing so. Since 2016 much work has been done to provide support back into employment, with 1.2 million over 65’s now in employment. In addition there is training and retraining, in many ways, as well as investment in lifelong learning and returnship schemes. We have also extended our network of older claimant champions to all 34 Jobcentre Plus districts to provide best practice and support to work coaches.</p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-07-12T09:20:29.693Zmore like thismore than 2017-07-12T09:20:29.693Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4125
unstar this property label Biography information for Catherine McKinnell more like this
746123
star this property registered interest false more like this
star this property date less than 2017-06-28more like thismore than 2017-06-28
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 recent estimate he has made of the number of women in (a) Coventry North East constituency, (b) Coventry local authority area, (c) the West Midlands and (d) England who will be affected by changes to the state pension age for women born in the 1950s. more like this
star this property tabling member constituency Coventry North East more like this
star this property tabling member printed
Colleen Fletcher more like this
star this property uin 1557 more like this
star this property answer
answer
star this property is ministerial correction true more like this
star this property date of answer less than 2017-07-03more like thismore than 2017-07-03
star this property answer text <p>Women born between 6 April 1950 and 5 April 1953 were affected by State Pension age equalisation under the Pensions Act 1995.</p><p> </p><p>The Pensions Act 2011 accelerated the equalisation of State Pension age, and included transitional arrangements limiting State Pension age delays, affecting women born between 6 April 1953 and 5 December 1953. It also brought forward the increase in State Pension age from 65 to 66 which affected women born between 6 December 1953 and 5 April 1960.</p><p> </p><p>Information on the numbers affected by constituent country, parliamentary constituency or local authority is not held by the Department for Work and Pensions. However, the most recent population breakdowns for England and its parliamentary constituencies by age can be found here:</p><p><a href="https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/parliamentaryconstituencymidyearpopulationestimates" target="_blank">https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/parliamentaryconstituencymidyearpopulationestimates</a></p><p> </p><p>Population breakdowns by local authority, region and country can be found here:</p><p><a href="https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/populationestimatesforukenglandandwalesscotlandandnorthernireland" target="_blank">https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/populationestimatesforukenglandandwalesscotlandandnorthernireland</a></p><p> </p><p>The House of Commons library have produced a paper estimating the number of women affected by the Pensions Act 2011 (those born between 6 April 1953 and 5 <del class="ministerial">December 1953</del><ins class="ministerial"> April 1960</ins>) by constituency, which can be found here:</p><p><a href="http://researchbriefings.files.parliament.uk/documents/CBP-7405/CBP-07405constituencyestimates.xlsx" target="_blank">http://researchbriefings.files.parliament.uk/documents/CBP-7405/CBP-07405constituencyestimates.xlsx</a></p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-07-03T14:01:01Zmore like thismore than 2017-07-03T14:01:01Z
star this property question first ministerially corrected
less than 2017-07-05T08:38:48.75Zmore like thismore than 2017-07-05T08:38:48.75Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property previous answer version
1264
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman more like this
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4378
unstar this property label Biography information for Colleen Fletcher more like this
746243
star this property registered interest false more like this
star this property date less than 2017-06-28more like thismore than 2017-06-28
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 recent discussions he has had with the Chancellor of the Exchequer on implementing pension transitional protection arrangements for women born in the 1950s. more like this
star this property tabling member constituency Coventry North East more like this
star this property tabling member printed
Colleen Fletcher more like this
star this property uin 1678 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-03more like thismore than 2017-07-03
star this property answer text <p>The Secretary of State has regular discussions with Cabinet colleagues including the Chancellor of the Exchequer on a range of issues.</p><p> </p><p>The Government will not be revisiting the State Pension age arrangements for women affected by the Pensions Act 1995 and Pensions Act 2011. These women will receive their State Pension either at the same age as men or earlier as we remove the current inequality.</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 question first answered
less than 2017-07-03T13:35:01.76Zmore like thismore than 2017-07-03T13:35:01.76Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4378
unstar this property label Biography information for Colleen Fletcher more like this
748623
star this property registered interest false more like this
star this property date less than 2017-07-05more like thismore than 2017-07-05
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 State Retirement Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, whether he has plans to raise the state pension age. more like this
star this property tabling member constituency Hornsey and Wood Green more like this
star this property tabling member printed
Catherine West more like this
star this property uin 3142 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-11more like thismore than 2017-07-11
star this property answer text <p>The Government has already stated that people should expect to spend on average ‘up to one third’ of their adult lives in retirement; and that any changes to State Pension age in the future should be fair to current and future generations of pensioners.</p><p> </p><p>To inform the first review into State Pension age, the Government commissioned two independent reports which were published in March 2017. I welcome both John Cridland’s report and the Government Actuary’s report as significant contributions to the evidence base.</p><p> </p><p>The Secretary of State is giving this issue the full consideration it deserves and will publish his report in due course.</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 question first answered
less than 2017-07-11T09:51:03.16Zmore like thismore than 2017-07-11T09:51:03.16Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4523
unstar this property label Biography information for Catherine West more like this
749524
star this property registered interest false more like this
star this property date less than 2017-07-06more like thismore than 2017-07-06
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, how many women born in the 1950s and affected by the change in the state pension age have not been able to return to employment. more like this
star this property tabling member constituency York Central more like this
star this property tabling member printed
Rachael Maskell more like this
star this property uin 3302 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-14more like thismore than 2017-07-14
star this property answer text <p>The number of older workers in the UK is at a record high, currently standing at 9.9m workers aged 50 years and over. 4.2m women aged 50-64 are in employment; this compares to 3.5m five years ago. There are 1.2 million individuals in employment aged over 65, of which 39% are women.</p><p> </p><p>Employment rates for older workers have also been increasing and recently reached record highs. Since ten years ago, the employment rate has increased by 6.0 percentage points (pp) (from 65.0% to 71.0%) for people aged 50-64. The current employment rate for women aged 50-64 is at a record high of 66.4%.</p><p> </p><p>Further information on estimates of employment, unemployment, economic inactivity and other employment-related statistics for the UK can be found in the “UK labour market: July 2017” statistical bulletin published at the Office for National Statistics (ONS) website:</p><p><a href="https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2017" target="_blank">https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2017</a></p><p> </p><p>The Government is committed to supporting people aged 50 years and over to remain in and return to work; the ‘Fuller Working Lives: A Partnership Approach’ strategy was published on 2nd February. This, crucially, is led by employers, but it also sets out the case for action by individuals, and the role of Government in supporting them in planning their careers and their approach to retirement. The Strategy and supporting evidence base are available at the attached web address:</p><p><a href="https://www.gov.uk/government/publications/fuller-working-lives-a-partnership-approach" target="_blank">https://www.gov.uk/government/publications/fuller-working-lives-a-partnership-approach</a></p><p> </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 3305 more like this
star this property question first answered
less than 2017-07-14T11:55:10.993Zmore like thismore than 2017-07-14T11:55:10.993Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4471
unstar this property label Biography information for Rachael Maskell more like this
749523
star this property registered interest false more like this
star this property date less than 2017-07-06more like thismore than 2017-07-06
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, how many women born in the 1950s and affected by the change in the state pension age have been able to return to employment from a position of unemployment. more like this
star this property tabling member constituency York Central more like this
star this property tabling member printed
Rachael Maskell more like this
star this property uin 3305 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-14more like thismore than 2017-07-14
star this property answer text <p>The number of older workers in the UK is at a record high, currently standing at 9.9m workers aged 50 years and over. 4.2m women aged 50-64 are in employment; this compares to 3.5m five years ago. There are 1.2 million individuals in employment aged over 65, of which 39% are women.</p><p> </p><p>Employment rates for older workers have also been increasing and recently reached record highs. Since ten years ago, the employment rate has increased by 6.0 percentage points (pp) (from 65.0% to 71.0%) for people aged 50-64. The current employment rate for women aged 50-64 is at a record high of 66.4%.</p><p> </p><p>Further information on estimates of employment, unemployment, economic inactivity and other employment-related statistics for the UK can be found in the “UK labour market: July 2017” statistical bulletin published at the Office for National Statistics (ONS) website:</p><p><a href="https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2017" target="_blank">https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2017</a></p><p> </p><p>The Government is committed to supporting people aged 50 years and over to remain in and return to work; the ‘Fuller Working Lives: A Partnership Approach’ strategy was published on 2nd February. This, crucially, is led by employers, but it also sets out the case for action by individuals, and the role of Government in supporting them in planning their careers and their approach to retirement. The Strategy and supporting evidence base are available at the attached web address:</p><p><a href="https://www.gov.uk/government/publications/fuller-working-lives-a-partnership-approach" target="_blank">https://www.gov.uk/government/publications/fuller-working-lives-a-partnership-approach</a></p><p> </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 3302 more like this
star this property question first answered
less than 2017-07-14T11:55:11.087Zmore like thismore than 2017-07-14T11:55:11.087Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4471
unstar this property label Biography information for Rachael Maskell more like this
749520
star this property registered interest false more like this
star this property date less than 2017-07-06more like thismore than 2017-07-06
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 Workplace Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 assessment he has made of the effect of compulsory workplace pensions on the level of private sector job creation since the introduction of those pensions in 2012. more like this
star this property tabling member constituency Woking more like this
star this property tabling member printed
Mr Jonathan Lord more like this
star this property uin 3370 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-14more like thismore than 2017-07-14
star this property answer text <p>Automatic enrolment is a policy that works. Over 8 million individuals have been automatically enrolled into a workplace pension by more than 640,000 employers.</p><p> </p><p>Since 2012 private sector employment has grown by 2.6 million to reach 26.5 million. Automatic enrolment has been implemented on a national basis rather than being trialled which means it is not possible to make any assessment of the effect on the level of private sector job creation.</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 3461 more like this
star this property question first answered
less than 2017-07-14T11:57:17.423Zmore like thismore than 2017-07-14T11:57:17.423Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4090
unstar this property label Biography information for Mr Jonathan Lord more like this
749505
star this property registered interest false more like this
star this property date less than 2017-07-06more like thismore than 2017-07-06
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 Pension Rights: Equality more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 will take to eliminate inequalities in pension rights. more like this
star this property tabling member constituency Lanark and Hamilton East more like this
star this property tabling member printed
Angela Crawley more like this
star this property uin 3448 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-11more like thismore than 2017-07-11
star this property answer text <p>The decision was made in 1995 to equalise the State Pension age for men and women. This addressed a longstanding inequality in pension age. If State Pension ages had not been equalised, women would be spending over 40% of their adult life in retirement. Men’s and women’s State Pension age will equalise in November 2018.</p><p> </p><p>The new State Pension is much more generous for many women, who have been historically worse off under the old system. By 2030, over 3 million women stand to gain an average of £550 extra per year as a result of recent changes.</p><p> </p><p>Automatic enrolment into workplace pensions was designed to help more people save for their retirement, including groups who historically have been less likely to save, such as women and lower earners. In 2012, overall workplace participation by eligible female employees was 58 per cent, compared to male participation at 52 per cent but since the introduction of automatic enrolment, the participation of female eligible employees has increased to 80 per cent in 2016 with overall male participation at 76 per cent.</p><p> </p><p>As part of the current review of automatic enrolment, the Government has committed to look at the existing coverage of the policy and consider the needs of those not currently benefiting from automatic enrolment. The review will have regard to the Equality Act, as well as the need to balance the needs of individual savers, with affordability for employers and value for money for tax payers.</p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-07-11T15:52:52.15Zmore like thismore than 2017-07-11T15:52:52.15Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4469
unstar this property label Biography information for Angela Crawley more like this
749516
star this property registered interest false more like this
star this property date less than 2017-07-06more like thismore than 2017-07-06
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 Workplace Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 assessment he has made of the effect of compulsory workplace pensions on the level of private sector job creation since 2012. more like this
star this property tabling member constituency Woking more like this
star this property tabling member printed
Mr Jonathan Lord more like this
star this property uin 3461 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-14more like thismore than 2017-07-14
star this property answer text <p>Automatic enrolment is a policy that works. Over 8 million individuals have been automatically enrolled into a workplace pension by more than 640,000 employers.</p><p> </p><p>Since 2012 private sector employment has grown by 2.6 million to reach 26.5 million. Automatic enrolment has been implemented on a national basis rather than being trialled which means it is not possible to make any assessment of the effect on the level of private sector job creation.</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 3370 more like this
star this property question first answered
less than 2017-07-14T11:57:17.327Zmore like thismore than 2017-07-14T11:57:17.327Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4090
unstar this property label Biography information for Mr Jonathan Lord more like this
749619
star this property registered interest false more like this
star this property date less than 2017-07-07more like thismore than 2017-07-07
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 Nuisance Calls more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 timetable is for the introduction of legislative proposals on banning pension cold-calling and blocking suspicious pension pot transfers. more like this
star this property tabling member constituency Solihull more like this
star this property tabling member printed
Julian Knight more like this
star this property uin 3624 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-17more like thismore than 2017-07-17
star this property answer text <p>The Government takes the threat of pension scams very seriously.</p><p> </p><p>That is why the Government launched a consultation in December 2016 looking at three potential interventions to tackle this issue, including legislating to introduce a ban on cold calling in relation to pensions to help stop fraudsters contacting individuals and legislating to give firms new powers to block transfers. The government will publish a response to the consultation which will set out our intended next steps. This is a complex area that requires careful and detailed consultation with stakeholders.</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 3625 more like this
star this property question first answered
less than 2017-07-17T13:53:35.73Zmore like thismore than 2017-07-17T13:53:35.73Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4410
unstar this property label Biography information for Julian Knight more like this
749703
star this property registered interest false more like this
star this property date less than 2017-07-07more like thismore than 2017-07-07
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: Fraud more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 tackle pension scams; and if he will make a statement. more like this
star this property tabling member constituency Solihull more like this
star this property tabling member printed
Julian Knight more like this
star this property uin 3625 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-17more like thismore than 2017-07-17
star this property answer text <p>The Government takes the threat of pension scams very seriously.</p><p> </p><p>That is why the Government launched a consultation in December 2016 looking at three potential interventions to tackle this issue, including legislating to introduce a ban on cold calling in relation to pensions to help stop fraudsters contacting individuals and legislating to give firms new powers to block transfers. The government will publish a response to the consultation which will set out our intended next steps. This is a complex area that requires careful and detailed consultation with stakeholders.</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 3624 more like this
star this property question first answered
less than 2017-07-17T13:53:35.927Zmore like thismore than 2017-07-17T13:53:35.927Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4410
unstar this property label Biography information for Julian Knight more like this
749698
star this property registered interest false more like this
star this property date less than 2017-07-07more like thismore than 2017-07-07
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 women born in the 1950s who are subject to changes in the state pension age in (a) Oxford West and Abingdon constituency and (b) Oxfordshire. 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
star this property uin 3670 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-11more like thismore than 2017-07-11
star this property answer text <p>Women born between 6 April 1950 and 5 April 1953 were affected by State Pension age equalisation under the Pensions Act 1995.</p><p> </p><p>The Pensions Act 2011 accelerated the equalisation of State Pension age, and included transitional arrangements limiting State Pension age delays, affecting women born between 6 April 1953 and 5 December 1953. It also brought forward the increase in State Pension age from 65 to 66 which affected women born between 6 December 1953 and 5 April 1960.</p><p> </p><p>Information on the numbers affected by constituent country, parliamentary constituency or local authority is not held by the Department for Work and Pensions. However, the most recent population breakdowns for England and its parliamentary constituencies by age can be found here:</p><p><a href="https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/parliamentaryconstituencymidyearpopulationestimates" target="_blank">https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/parliamentaryconstituencymidyearpopulationestimates</a></p><p> </p><p>Population breakdowns by local authority, region and country can be found here:</p><p><a href="https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/populationestimatesforukenglandandwalesscotlandandnorthernireland" target="_blank">https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/populationestimatesforukenglandandwalesscotlandandnorthernireland</a></p><p> </p><p>The House of Commons library have produced a paper estimating the number of women affected by the Pensions Act 2011 (those born between 6 April 1953 and 5 April 1960) by constituency, which can be found here:</p><p><a href="http://researchbriefings.files.parliament.uk/documents/CBP-7405/CBP-07405constituencyestimates.xlsx" target="_blank">http://researchbriefings.files.parliament.uk/documents/CBP-7405/CBP-07405constituencyestimates.xlsx</a></p><p> </p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-07-11T10:06:11.793Zmore like thismore than 2017-07-11T10:06:11.793Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4656
unstar this property label Biography information for Layla Moran more like this
750323
star this property registered interest true more like this
star this property date less than 2017-07-10more like thismore than 2017-07-10
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 BPDTS more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 proportion of the time of directors of the Benefits and Pensions Digital Technology Services Limited (BPDTS) is spent as (a) employees of his Department and (b) employees of BPDTS; who in his Department awards work to BPDTS; whether there is any financial benefit to those directors from work awarded by his Department to that company; and if he 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 3829 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-13more like thismore than 2017-07-13
star this property answer text <p>BPDTS Ltd was set-up to provide IT services to DWP previously provided by Hewlett Packard Enterprises Ltd. The Secretary of State is the sole member of the company and therefore in effect its owner.</p><p> </p><p>There are two Executive Directors (the Chief Executive and the Chief Financial Officer) both of whom are civil servants, employed by DWP. The Chief Executive spends approximately 75% of his time on BPDTS business and the Chief Financial Officer 100% of his time.</p><p> </p><p>There are five non-Executive Directors who are also senior officers of DWP. The time they spent on the company’s business is limited to attendance at monthly Board meetings and preparations for those meetings.</p><p> </p><p>Service orders identifying work to be undertaken by BPDTS Ltd are agreed with the DWP Digital Group.</p><p> </p><p>There is no financial benefit in awarding this work to any Director.</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 question first answered
less than 2017-07-13T13:16:09.677Zmore like thismore than 2017-07-13T13:16:09.677Z
unstar 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
750353
star this property registered interest false more like this
star this property date less than 2017-07-10more like thismore than 2017-07-10
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 recent estimate his Department has made of the number of women in (a) Jarrow constituency, (b) South Tyneside, (c) the North East and (d) the UK who will be affected by changes to the state pension age for women born in the 1950s. more like this
star this property tabling member constituency Jarrow more like this
star this property tabling member printed
Mr Stephen Hepburn more like this
star this property uin 3918 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-13more like thismore than 2017-07-13
star this property answer text <p><strong> </strong></p><p>Women born between 6 April 1950 and 5 April 1953 were affected by State Pension age equalisation under the Pensions Act 1995. The Pensions Act 2011 accelerated the equalisation of State Pension age, and included transitional arrangements limiting State Pension age delays, affecting women born between 6 April 1953 and 5 December 1953. It also brought forward the increase in State Pension age from 65 to 66 which affected women born between 6 December 1953 and 5 April 1960.</p><p> </p><p>The Department for Work and Pensions only holds estimates at a Great Britain level. The latest estimates are that the changes affect 3.58 million women in Great Britain born between 6 April 1950 and 5 April 1960, of which 3.48 million were born in the 1950s. These figures are rounded to the nearest 10,000 and are based on DWP calculations using the 2014-based ONS principal population projections.</p><p> </p><p>Information on the numbers affected by constituent country, parliamentary constituency or local authority is not held by the Department for Work and Pensions. However, the most recent population breakdowns for England and its parliamentary constituencies by age can be found here:</p><p><a href="https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/parliamentaryconstituencymidyearpopulationestimates" target="_blank">https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/parliamentaryconstituencymidyearpopulationestimates</a></p><p><strong> </strong></p><p>Population breakdowns by local authority, region and country can be found here:</p><p><a href="https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/populationestimatesforukenglandandwalesscotlandandnorthernireland" target="_blank">https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/datasets/populationestimatesforukenglandandwalesscotlandandnorthernireland</a></p><p> </p><p>The House of Commons library have produced a paper estimating the number of women affected by the Pensions Act 2011 (those born between 6 April 1953 and 5 April 1960 by constituency, which can be found here:</p><p><a href="http://researchbriefings.files.parliament.uk/documents/CBP-7405/CBP-07405constituencyestimates.xlsx" target="_blank">http://researchbriefings.files.parliament.uk/documents/CBP-7405/CBP-07405constituencyestimates.xlsx</a></p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-07-13T13:19:03.337Zmore like thismore than 2017-07-13T13:19:03.337Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
520
unstar this property label Biography information for Mr Stephen Hepburn more like this
750339
star this property registered interest false more like this
star this property date less than 2017-07-10more like thismore than 2017-07-10
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: Consumer Information more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, whether the new single financial guidance body will host a pensions dashboard. 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
star this property uin 4095 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-18more like thismore than 2017-07-18
star this property answer text <p>Pensions Dashboards are an exciting idea and the Government worked with industry to deliver a working prototype of the dashboard in April 2017. However, the development of dashboards is still at a very early stage with many policy questions outstanding, The single financial guidance body is in the early stages of being passed through Parliament so it is too early to determine the entire role of the body.</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 question first answered
less than 2017-07-18T16:03:31.317Zmore like thismore than 2017-07-18T16:03:31.317Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
751469
star this property registered interest false more like this
star this property date less than 2017-07-12more like thismore than 2017-07-12
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading Pensions: Young People more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 recent estimate he has made of the number of young people who are saving for a pension. more like this
star this property tabling member constituency Paisley and Renfrewshire South more like this
star this property tabling member printed
Mhairi Black more like this
star this property uin 4533 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-19more like thismore than 2017-07-19
star this property answer text <p><strong> </strong></p><p>Automatic enrolment into workplace pensions was introduced to enable more people to save for their retirement. So far over 8 million people have been automatically enrolled into a workplace pension, reversing the decline in private pension saving, including amongst younger workers, seen in the decade before the reforms were introduced in 2012.</p><p><br>In March this year, the Office for National Statistics published an estimate that around 160,000 employees aged 16-21 and 2.7 million employees aged 22-29 were contributing to a workplace pension in 2016</p><p> </p><p>We are looking at how we can build on this success over the longer term. Our current review of automatic enrolment is looking at the existing coverage of the policy and the needs of those not currently benefiting; strengthening the evidence base concerning future contributions; and how we can encourage greater personal ownership of work place pension saving, including by young people. The Review will report at the end of 2017.</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 4534 more like this
star this property question first answered
less than 2017-07-19T10:11:31.557Zmore like thismore than 2017-07-19T10:11:31.557Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4421
unstar this property label Biography information for Mhairi Black more like this
751470
star this property registered interest false more like this
star this property date less than 2017-07-12more like thismore than 2017-07-12
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading Pensions: Young People more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 encourage young people to save for a pension; and if he will make a statement. more like this
star this property tabling member constituency Paisley and Renfrewshire South more like this
star this property tabling member printed
Mhairi Black more like this
star this property uin 4534 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-19more like thismore than 2017-07-19
star this property answer text <p><strong> </strong></p><p>Automatic enrolment into workplace pensions was introduced to enable more people to save for their retirement. So far over 8 million people have been automatically enrolled into a workplace pension, reversing the decline in private pension saving, including amongst younger workers, seen in the decade before the reforms were introduced in 2012.</p><p><br>In March this year, the Office for National Statistics published an estimate that around 160,000 employees aged 16-21 and 2.7 million employees aged 22-29 were contributing to a workplace pension in 2016</p><p> </p><p>We are looking at how we can build on this success over the longer term. Our current review of automatic enrolment is looking at the existing coverage of the policy and the needs of those not currently benefiting; strengthening the evidence base concerning future contributions; and how we can encourage greater personal ownership of work place pension saving, including by young people. The Review will report at the end of 2017.</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 4533 more like this
star this property question first answered
less than 2017-07-19T10:11:31.677Zmore like thismore than 2017-07-19T10:11:31.677Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4421
unstar this property label Biography information for Mhairi Black more like this
753029
star this property registered interest false more like this
star this property date less than 2017-07-17more like thismore than 2017-07-17
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, whether the Government plans to provide transitional financial support to women affected by the change in the retirement age; and if he will make a statement. more like this
star this property tabling member constituency Ochil and South Perthshire more like this
star this property tabling member printed
Luke Graham more like this
star this property uin 5448 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-25more like thismore than 2017-07-25
star this property answer text <p>The Government has already made a concession worth £1.1 billion that will reduce the impact of these increases on those women most affected by them.</p><p> </p><p>This issue has been debated numerous times and numerous statements have already been made. Introducing further concessions cannot be justified given the imperative to focus public resources on helping those most in need.</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 question first answered
less than 2017-07-25T10:04:08.847Zmore like thismore than 2017-07-25T10:04:08.847Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4622
unstar this property label Biography information for Luke Graham more like this
753384
star this property registered interest false more like this
star this property date less than 2017-07-18more like thismore than 2017-07-18
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 Pensioners: Christmas Bonus more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, how many pensioners received a £10 Christmas bonus in (a) 2014-15, (b) 2015-16 and (c) 2016-17. more like this
star this property tabling member constituency Bootle more like this
star this property tabling member printed
Peter Dowd more like this
star this property uin 5770 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-26more like thismore than 2017-07-26
star this property answer text <p>The number of people who receive the Christmas Bonus is published in DWP’s Benefit Expenditure and Caseload tables (Table_2c):</p><p><a href="https://www.gov.uk/government/collections/benefit-expenditure-tables" target="_blank">https://www.gov.uk/government/collections/benefit-expenditure-tables</a></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 question first answered
less than 2017-07-26T09:24:45.377Zmore like thismore than 2017-07-26T09:24:45.377Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4397
unstar this property label Biography information for Peter Dowd more like this
753726
star this property registered interest false more like this
star this property date less than 2017-07-18more like thismore than 2017-07-18
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, how much his Department spent on advertising campaigns to alert women born in the 1950s of the changes proposed by his Department in each year since 2011. more like this
star this property tabling member constituency Vale of Clwyd more like this
star this property tabling member printed
Chris Ruane more like this
star this property uin 5965 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-26more like thismore than 2017-07-26
star this property answer text <p><strong> </strong></p><p>Following the Pensions Act 2011, the Department for Work and Pensions (DWP) wrote to those directly affected by the legislation (people born 6 April 1953 to 5 April 1960) to inform them of the change to their State Pension age. This involved mailing more than 5 million letters. Advertising campaigns have been used more widely to encourage people to find out more about their State Pension and the earliest they can claim it, by using online tools such as ‘Check your State Pension’, the State Pension age calculator and information at gov.uk. These campaigns supported the nationwide launch of the new State Pension and were not solely targeted to women or a specific age group.</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 question first answered
less than 2017-07-26T11:41:48.52Zmore like thismore than 2017-07-26T11:41:48.52Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
534
unstar this property label Biography information for Chris Ruane more like this
753728
star this property registered interest false more like this
star this property date less than 2017-07-18more like thismore than 2017-07-18
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 State Retirement Pensions: Females more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, how many items of correspondence his Department has received on pension changes to pensions of women born in the 1950s from (a) hon. Members and (b) members of the public in each year since 2011. more like this
star this property tabling member constituency Vale of Clwyd more like this
star this property tabling member printed
Chris Ruane more like this
star this property uin 5970 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-26more like thismore than 2017-07-26
star this property answer text <p>The Department for Work and Pensions (DWP) receive thousands of items of correspondence relating to State Pension age. However we are unable to break down the correspondence as requested relating to changes to State Pension age for women born in the 1950s from, (a) hon. Members and (b) members of the public in each year since 2011.</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 question first answered
less than 2017-07-26T09:34:38.647Zmore like thismore than 2017-07-26T09:34:38.647Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
534
unstar this property label Biography information for Chris Ruane more like this
754257
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 Workplace Pensions: Self-employed more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 bring self-employed workers into auto enrollment. 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
star this property uin 6007 more like this
star this property answer
answer
star 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>The Department is undertaking a review of the policy and operation of automatic enrolment, supported by an external Advisory Group. I refer you to the scope of this review set out by my Hon Friend Richard Harrington MP on 12 Dec 2016. It will look at the diverse group of self-employed people and how they might be better enabled to save for their retirement. The review report will be laid before Parliament at the end of the year.</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 question first answered
less than 2017-09-06T10:16:01.01Zmore like thismore than 2017-09-06T10:16:01.01Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star 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 Workplace Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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
star this property uin 6008 more like this
star this property answer
answer
star 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
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754259
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 Investment: Fees and Charges more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, whether he has identified the cost collection templates negotiated with the Investment Association as his Department's preferred methodology for cost collection. 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
star this property uin 6009 more like this
star this property answer
answer
star 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
6008 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 2017-09-06T10:27:04.557Zmore like thismore than 2017-09-06T10:27:04.557Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754260
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 Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 Melbourne Mercer Global Pension Index, for what reasons pensioners in countries such as the Netherlands receive a 50 per cent higher income in retirement than their British counterparts. 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
star this property uin 6010 more like this
star this property answer
answer
star 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>Although international comparisons are insightful it is difficult to draw a direct parallel due to different historical impacts and systems.</p><p> </p><p>The Government has and is continuing to work hard to ensure financial security in later life.</p><p>The UK system is based on a foundation income from the State in the form of the new State Pension, with provision above that from private saving, facilitated by auto-enrolment and pensions flexibilities. Thanks to triple lock, in April 2017, the basic state pension was over £1200 a year higher than it was in April 2010. The government is committed to the triple lock for the remainder of this parliament. The basic state pension it is now at one of its highest rates relative to earnings for over two decades, reversing a trend of decline we saw between 1997 and 2010.</p><p> </p><p>Recent reforms to private pensions including the introduction of Automatic Enrolment are also helping to improve retirement outcomes for future generations.</p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-09-06T10:37:10.847Zmore like thismore than 2017-09-06T10:37:10.847Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754261
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 Financial Services more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 ensure that all of the recommendations in the Financial Conduct Authority's asset management market review are implemented. 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
star this property uin 6011 more like this
star this property answer
answer
star 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
6008 more like this
6009 more like this
6012 more like this
6381 more like this
6382 more like this
star this property question first answered
less than 2017-09-06T10:27:04.62Zmore like thismore than 2017-09-06T10:27:04.62Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754262
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 Pensions: Fees and Charges more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 end the practice of hidden fees being taken from pension pots by asset managers. 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
star this property uin 6012 more like this
star this property answer
answer
star 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
6008 more like this
6009 more like this
6011 more like this
6381 more like this
6382 more like this
star this property question first answered
less than 2017-09-06T10:27:04.68Zmore like thismore than 2017-09-06T10:27:04.68Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754249
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 Workplace Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, when the Government plans to publish its White Paper on defined benefit 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
star this property uin 6018 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-09-05more like thismore than 2017-09-05
star this property answer text <p>The Government intends to publish a White Paper on Defined Benefit pensions this coming winter.</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 question first answered
less than 2017-09-05T10:53:41.983Zmore like thismore than 2017-09-05T10:53:41.983Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754252
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 State Pension Age Independent Review more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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, when the Government plans to publish its response to the Cridland review. 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
star this property uin 6019 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-09-05more like thismore than 2017-09-05
star this property answer text <p>The review was published on Wednesday 19 July 2017. Please find the below web link to the published report.</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/630065/state-pension-age-review-final-report.pdf" target="_blank">Governments State pension age review final report</a></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 question first answered
less than 2017-09-05T10:56:28.793Zmore like thismore than 2017-09-05T10:56:28.793Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754253
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 Workplace Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 ensure that workers receive clear information about their pensions pots. 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
star this property uin 6020 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-09-05more like thismore than 2017-09-05
star this property answer text <p>Legislation currently requires pension schemes to provide annual information and illustrations to scheme members about their pension pots. We are considering how members should be informed of the costs and charges that effect their pension savings.</p><p> </p><p>As part of the review of automatic enrolment we are looking at where more effective engagement could drive greater personal ownership and enable people to understand and maximise their savings. This review is due to report to Parliament at the end of the year.</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 question first answered
less than 2017-09-05T10:57:29.3Zmore like thismore than 2017-09-05T10:57:29.3Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754254
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 Workplace Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 reduce explicit and implicit costs for workers saving into 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
star this property uin 6021 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-09-05more like thismore than 2017-09-05
star this property answer text <p>By 2018, around 10 million people will be saving or saving more into pensions as a result of automatic enrolment. The Government wants to ensure that people who are automatically enrolled are protected from high and unfair charges. This is why in April 2015 we introduced a cap of 0.75% on administration charges for people who are invested in the default fund of schemes used for automatic enrolment. We have also taken steps to cap or ban early exit charges in occupational pension schemes, as these can act as a barrier to individuals wishing to access the pension freedoms. We have also banned member-borne commission charges in workplace pension schemes used for automatic enrolment.</p><p> </p><p>We are currently examining the level of the charge cap to see whether it should change and whether some or all the costs associated with investment transactions should also be covered. The Government expects to conclude its examination by the end of this year.</p><p> </p><p>In 2016, the Department for Work and Pensions and the Financial Conduct Authority (FCA) undertook a joint review on industry progress in reducing charge levels in older, so-called legacy pension schemes. The report published in December 2016 found that over 1 million customers have benefitted, or will soon benefit, from a reduction in costs and charges to 1% or lower. The Government and FCA wrote to these pension providers earlier this year challenging them to make further improvements. The Government is pleased with the progress so far and we and the FCA will continue to work with providers to ensure, wherever possible, that all members of these legacy schemes benefit from reduced charges.</p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-09-05T10:58:49.013Zmore like thismore than 2017-09-05T10:58:49.013Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754247
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 Pension Credit: Eligibility more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 all those people eligible for pension credit are aware of their eligibility. 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
star this property uin 6056 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-09-05more like thismore than 2017-09-05
star this property answer text <p>We are committed to ensuring that older people receive the support they are entitled to and the Department targets activity on engaging with people who may be eligible at pivotal stages such as when they claim State Pension or report a change in their circumstances.</p><p> </p><p>We use a wide range of channels to communicate information about Pension Credit to potential customers; including information on gov.uk, in leaflets and by telephone.</p><p> </p><p>We believe that one of the best ways to reach those eligible customers who may be reluctant to claim is through trusted messengers working in the community and DWP provides a web-based Pension Credit toolkit at <a href="https://www.gov.uk/government/publications/pension-credit-toolkit" target="_blank">https://www.gov.uk/government/publications/pension-credit-toolkit</a> containing a range of resources for anyone working with pensioners. It contains guides to Pension Credit, examples of the reasons why eligible customers might not claim, ideas for encouraging take-up, and makes available a range of publicity material.</p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-09-05T11:02:56.373Zmore like thismore than 2017-09-05T11:02:56.373Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754515
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 Pensions: Fees and Charges more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 bring forward legislative proposals to tackle the issue of hidden costs in pension pots. 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
star this property uin 6381 more like this
star this property answer
answer
star 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
6008 more like this
6009 more like this
6011 more like this
6012 more like this
6382 more like this
star this property question first answered
less than 2017-09-06T10:27:04.76Zmore like thismore than 2017-09-06T10:27:04.76Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754514
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 Pensions: Fees and Charges more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 improve the transparency of pension costs. 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
star this property uin 6382 more like this
star this property answer
answer
star 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
6008 more like this
6009 more like this
6011 more like this
6012 more like this
6381 more like this
star this property question first answered
less than 2017-09-06T10:27:04.823Zmore like thismore than 2017-09-06T10:27:04.823Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754517
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 Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 implement the recommendations of the Law Commission on clarifying the duties of pension providers in respect of long-term investment factors. 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
star this property uin 6384 more like this
star this property answer
answer
star 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>We want pension schemes to take account of all financial long-term risks when making investment decisions, and we therefore welcome the Law Commission’s report.</p><p>We are concerned that some investment decisions may be made with short-term considerations in mind. This can exclude consideration of options that take account of longer term financial factors, such as those arising from material environmental, social and governance (ESG) risks.</p><p>We are concerned that some investment decisions may not appropriately take into account longer term financial factors, such as those arising from material environmental, social and governance (ESG) risks.</p><p>One of the key recommendations is for trustees and providers to clearly distinguish financial risk factors – which must be taken account of; and non-financial (ethical) factors – which can be taken account if certain conditions are met. We will consider afresh whether our current legislation is clear enough in light of the report.</p><p>However, we also wish to address some of the behavioural biases that may exist in the industry, such as the assumption that social motivation and good investment returns are not compatible.</p><p>In line with the protocol agreed by the Lord Chancellor with the Law Commission, we aim to provide an interim response to both the 5 recommendations and the 11 options for reform by December 2017. We will respond in full within one year of publication, by June 2018.</p>
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2017-09-06T11:10:35.78Zmore like thismore than 2017-09-06T11:10:35.78Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham 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 Workplace Pensions: Low Pay more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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
star this property uin 6400 more like this
star this property answer
answer
star 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
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star 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 Workplace Pensions: Carers more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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
star this property uin 6401 more like this
star this property answer
answer
star 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
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754953
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 State Retirement Pensions: Age more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 his Department has made of the number of adults who would have to work longer as a result of proposals in the Cridland Review. 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
star this property uin 6402 more like this
star this property answer
answer
star 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>We estimate that 6 million people in Great Britain would be affected by bringing forward the rise in State Pension age from 67 to 68 from 2044-46 to 2037-39 (those born between 6 April 1970 and 5 April 1978). These people would see their State Pension age increased by up to one year.</p><p> </p><p>For those who can work longer, doing so brings benefits both for individuals, through sustaining social networks and boosting subsequent retirement income, and for the economy. Research carried out in 2013 showed that, if everyone worked for one year longer, it would add 1% to GDP.</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 question first answered
less than 2017-09-06T11:25:50.997Zmore like thismore than 2017-09-06T11:25:50.997Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754951
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 State Pension Age Independent Review more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 reasons are for the time taken to publish the Government's response to the Cridland review. 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
star this property uin 6403 more like this
star this property answer
answer
star 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>The Pensions Act 2014 sets a statutory requirement for the Government to publish its review of State Pension age before 7 May 2017, but this was delayed because of the General Election being called before that date. The event of an election meant that the new Government needed to consider and make their own judgements on such issues. This was a significant decision with a weighty evidence base and it would have been irresponsible of this Government not to give this issue the consideration it deserved.</p><p> </p><p>The review was published on Wednesday 19 July 2017. Please find the below web link to the published report.</p><p> </p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/630065/state-pension-age-review-final-report.pdf" target="_blank">Governments State pension age review final report</a></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 question first answered
less than 2017-09-06T10:57:11.243Zmore like thismore than 2017-09-06T10:57:11.243Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this
754523
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 Winter Fuel Payment more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 cost of means-testing the winter fuel allowance. more like this
star this property tabling member constituency Bootle more like this
star this property tabling member printed
Peter Dowd more like this
star this property uin 6499 more like this
star this property answer
answer
star 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>There will be no change to the universal nature of the Winter Fuel Payment for the length of this Parliament.</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 question first answered
less than 2017-09-06T10:59:36.847Zmore like thismore than 2017-09-06T10:59:36.847Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4397
unstar this property label Biography information for Peter Dowd more like this
731295
star this property registered interest false more like this
star this property date less than 2017-06-21more like thismore than 2017-06-21
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
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading State Retirement Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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 assessment he has made of the effect of ending the triple lock on pensions on pensioner poverty. more like this
star this property tabling member constituency Linlithgow and East Falkirk more like this
star this property tabling member printed
Martyn Day more like this
star this property uin 65 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-06-27more like thismore than 2017-06-27
star this property answer text <p>The Government is committed to ensuring economic security for people at every stage of their life, including when they reach retirement. The Government is also clear that fairness between the generations must be maintained. We are committed to the Triple Lock for the remainder of this Parliament.</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 question first answered
less than 2017-06-27T10:03:32.927Zmore like thismore than 2017-06-27T10:03:32.927Z
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4488
unstar this property label Biography information for Martyn Day 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
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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
star this property uin 6579 more like this
star this property answer
answer
star 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
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star 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
unstar this property house id 1 more like this
star this property legislature
25259
unstar 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
star this property uin 6580 more like this
star this property answer
answer
star 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
unstar this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4656
unstar this property label Biography information for Layla Moran more like this