Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

101233

	registered interest
	date	27/10/2014
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Workplace Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, how many people who had no prior pension savings have been enrolled under automatic enrolment into workplace pension schemes.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	212139
	answer	answer is ministerial correction date of answer 03/11/2014 answer text <p /> <p>The information requested is not available.</p><p> </p><p>The latest information published by The Pensions Regulator shows that over 4.7 million eligible jobholders have been automatically enrolled into a workplace pension. It is not possible to identify how many of these jobholders had no prior pension savings.</p> answering member constituency Thornbury and Yate answering member printed Steve Webb question first answered 03/11/2014 15:37:32 answering member 220 label Biography information for Steve Webb
	tabling member	1414 label Biography information for Mr Mark Hoban

101235

	registered interest
	date	27/10/2014
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Workplace Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, what proportion of people enrolled under automatic workplace pension schemes have chosen to opt out after (a) six, (b) nine and (c) 12 months.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	212140
	answer	answer is ministerial correction date of answer 03/11/2014 answer text <p /> <p>The information requested is not available.</p><p> </p><p>Findings from qualitative research with large employers show the overall opt out rate was around 9 per cent. Most individual employers had an opt out rate between 5 and 15 per cent. Opt out is only possible within the opt out window which is one month after being automatically enrolled.</p> answering member constituency Thornbury and Yate answering member printed Steve Webb question first answered 03/11/2014 15:39:46 answering member 220 label Biography information for Steve Webb
	tabling member	1414 label Biography information for Mr Mark Hoban

44483

	registered interest
	date	20/03/2014
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, what assessment he has made of the number and proportion of employers scheduled to join auto-enrolment in April 2014 that are on track to meet their deadlines.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	193166
	answer	answer is ministerial correction date of answer 26/03/2014 answer text <p /> <p /> <p>The Pensions Regulator (TPR) has overall responsibility for monitoring compliance with the new employer duties and employers must register with TPR and state how they are meeting the duties. </p><p> </p><p>We expect around 15,900 medium employers (50-249) to stage between April and June 2014 (based on PAYE information as at 1 April 2012). </p><p> </p><p>Research published by The Pensions Regulator in February 2014 shows that most small to medium employers (91%) were confident that their organisation would have done everything it needed to by the deadline.</p><p> </p><p>The Pensions Regulator expects to publish further information on their Compliance and Enforcement work this summer.</p> answering member constituency Thornbury and Yate answering member printed Steve Webb question first answered 26/03/2014 12:00:00 answering member 220 label Biography information for Steve Webb
	tabling member	1414 label Biography information for Mr Mark Hoban

44484

	registered interest
	date	20/03/2014
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, what steps his Department is taking to support small and medium-sized businesses that are due to automatically enrol their employees in 2014.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	193165
	answer	answer is ministerial correction date of answer 26/03/2014 answer text <p /> <p /> <p>The Pensions Regulator is focusing on educating and enabling employers of all sizes to ensure they are aware of automatic enrolment and understand what they have to do.</p><p> </p><p>The Regulator has implemented an employer journey that consists of a series of letters and emails being sent to employers from 12 months prior to their staging date. As their staging date approaches each email informs the employer at what stage they should be at and also signposts employers to guidance and tools that have been provided by the Regulator. </p><p> </p><p>There is a suite of tools on the Regulator's website including an interactive planning tool to assist employers in getting ready, a staging date tool to find out your staging date, and detailed guides. They have also established a customer support centre for employers to discuss any questions they may have.</p><p> </p><p>The Regulator is also working with intermediaries such as software developers, payroll bureaux and trade body groups to make sure they are able to provide suitable tools, guidance or support if employers require it. Recently an employer advertising campaign has been underway to raise awareness and guide employers to the regulator's website to help them in their preparations.</p><p> </p><p>Throughout the initial roll out of automatic enrolment the Regulator has been assessing the impact of their communications and updating their products to ensure they meet the needs of the changing audience, from the UK's largest employers with thousands of workers, through to those with a small workforce. The Regulator's communications are developed following testing and research and are updated to meet the needs of the changing audience. </p><p> </p><p>Based on research by The Pensions Regulator, levels of employer awareness and understanding of their automatic enrolment duties are high and showing appropriate progress towards employers being able to comply with their duties.</p><p> </p> answering member constituency Thornbury and Yate answering member printed Steve Webb question first answered 26/03/2014 12:00:00 answering member 220 label Biography information for Steve Webb
	tabling member	1414 label Biography information for Mr Mark Hoban

44485

	registered interest
	date	20/03/2014
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, what assessment he has made of the capacity of pension advisors and providers to support employers who are scheduled to establish workplace pensions through auto-enrolment in 2014.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	193167
	answer	answer is ministerial correction date of answer 26/03/2014 answer text <p /> <p /> <p>The Government is aware of the capacity challenges facing the pensions industry. DWP is engaging regularly with pension providers to ascertain capacity as we move through the medium employer staging dates. </p><p> </p><p>We are confident that NEST will continue to accept all employers in accordance to their Public Service Obligations and will be able to overcome any challenges of employers going to them late.</p><p> </p><p>Automatic enrolment has been designed so that employers do not need to take advice in order to comply with their duties although we understand that many will choose to pay for advice. The Government engages regularly with intermediaries and believes that there is capacity and interest in the market to meet demand.</p> answering member constituency Thornbury and Yate answering member printed Steve Webb question first answered 26/03/2014 12:00:00 answering member 220 label Biography information for Steve Webb
	tabling member	1414 label Biography information for Mr Mark Hoban

44488

	registered interest
	date	20/03/2014
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, what steps his Department is taking to ensure that employers comply with their obligations under auto-enrolment.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	193199
	answer	answer is ministerial correction date of answer 26/03/2014 answer text <p /> <p /> <p>The Pensions Regulator (TPR) has overall responsibility for enforcing compliance with the new employer duties and employers must register with TPR and state how they are meeting the duties. </p><p> </p><p>TPR's focus is on educating and enabling employers to meet their duties and establishing and maintaining a 'pro-compliance' culture. </p><p> </p><p>TPR writes to all employers 12 months before the date they are required to start enrolling workers, and on at least one other occasion (depending on employer size). TPR has also encouraged employers to start planning early (at least 12 months prior to their duties start date). It has provided tools and guidance to help employers plan and these are under constant review as the reforms roll out.</p><p> </p><p>Some employers will fail to comply because they have not understood or have not been able to comply. Where employers do not comply, TPR will consider the circumstances of each case and, where it is appropriate to do so, work with employers to get them compliant. TPR has a graduated approach to enforcement beginning with warnings leading to statutory notices then financial penalties. Criminal prosecution will only be used in the most serious cases.</p> answering member constituency Thornbury and Yate answering member printed Steve Webb question first answered 26/03/2014 12:00:00 answering member 220 label Biography information for Steve Webb
	tabling member	1414 label Biography information for Mr Mark Hoban

57937

	registered interest
	date	04/06/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Tax Allowances: Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will make an estimate of the cost to the Exchequer of equalising the tax relief given on employee contributions to pension schemes at 30 per cent.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	198645
	answer	answer is ministerial correction date of answer 09/06/2014 answer text <p><strong>Estimates of the Exchequer effect of equalising the tax relief given on employee contributions to pension schemes at 30 per cent are not available.</strong></p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 09/06/2014 14:27:46 answering member 1529 label Biography information for Mr David Gauke
	tabling member	1414 label Biography information for Mr Mark Hoban

61348

	registered interest
	date	11/06/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Insurance Companies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how many businesses (a) applied for and (b) were granted authorisation as insurers in each of the last five years.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	200244
	answer	answer is ministerial correction date of answer 16/06/2014 answer text <p>The Prudential Regulation Authority and the Financial Conduct Authority are responsible for overseeing the authorisation of insurance companies. The Treasury does not publish data on authorisations of insurance providers.</p><p> </p><p>This question has been passed on to the Financial Conduct Authority and the Prudential Regulation Authority, and they will reply directly to the honourable member by letter. A copy of the letter will be placed in the Library of the House.</p><p> </p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 16/06/2014 16:05:53 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	1414 label Biography information for Mr Mark Hoban

65860

	registered interest
	date	04/07/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Financial Institutions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, when his Department last conducted a review of the process of granting authorisation for (a) banks and (b) insurance companies.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	204059
	answer	answer is ministerial correction date of answer 09/07/2014 answer text <p>The publication of details and statistics on new bank authorisations, and changes of control are matters for the independent financial regulators: the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA).</p><p> </p><p>The PRA and FCA published a Review of the authorisation process as part of <em>A review of requirements for firms entering into or expanding in the banking sector: one year on</em>, on 7 July 2014. This followed an earlier review of barriers to entry published in March 2013.</p><p> </p><p> </p><p>The PRA published its Annual Report and Accounts 2014 in June, which included details of the number of banks and insurance firms authorised between 1 April 2013 and 28 February 2014. The PRA has committed to publish authorisation statistics on an annual basis.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom grouped question UIN 204057 204070 question first answered 09/07/2014 14:58:00 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	1414 label Biography information for Mr Mark Hoban

65862

	registered interest
	date	04/07/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Financial Institutions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the role of private equity in providing capital to the (a) banking sector and (b) insurance sector.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	204058
	answer	answer is ministerial correction date of answer 09/07/2014 answer text <p>This question has been passed on to the Presidential Regulation Authority (PRA). The PRA will reply to directly to the honourable member by letter. A copy of the letter will be placed in the Library of the House.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 09/07/2014 15:01:17 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	1414 label Biography information for Mr Mark Hoban