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44613
star this property registered interest false remove filter
star this property date less than 2014-03-24more like thismore than 2014-03-24
star this property answering body
Department for Work and Pensions remove filter
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 house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what recent steps they have taken to ensure that information on the engagement activities of pension funds and other institutional investors with investee companies is made fully accessible. more like this
star this property tabling member printed
Lord Harrison remove filter
star this property uin HL6270 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 2014-03-31more like thismore than 2014-03-31
star this property answer text <p /> <p /> <p /> <p>The Government supports the principles set out in the Financial Reporting Council (FRC) UK Stewardship Code including schemes becoming active stewards of their investments and reporting on that stewardship. The Code sets out a number of areas of good practice to which the FRC believes institutional investors should aspire, and operates on a 'comply or explain' basis. It includes guidance for pension schemes and other asset owners on steps they can take to protect and enhance the value that accrues to the ultimate beneficiary. The FCA requires UK authorised asset managers to report on whether or not they apply the Code.</p><p> </p><p>The UK stewardship code is voluntary, however we would encourage workplace pensions schemes to comply with the principles set out in the code. In addition we are developing governance standards of workplace defined contribution schemes, and have asked the Law Commission to investigate how fiduciary duties currently apply in the investment chain. The Pensions Regulator's defined contribution Code of Practice also sets out the legal requirements and standards they expect trustees of defined contribution schemes to attain. This includes a section on investment which also references the FRC Stewardship code. These initiatives are part of our on-going work to ensure schemes are governed and administered to deliver in members' interests.</p>
star this property answering member printed Lord Freud more like this
star this property grouped question UIN
HL6271 more like this
HL6272 more like this
star this property question first answered
less than 2014-03-31T12:00:00.00Zmore like thismore than 2014-03-31T12:00:00.00Z
unstar this property answering member
3893
star this property label Biography information for Lord Freud more like this
star this property tabling member
2488
unstar this property label Biography information for Lord Harrison more like this
44614
star this property registered interest false remove filter
star this property date less than 2014-03-24more like thismore than 2014-03-24
star this property answering body
Department for Work and Pensions remove filter
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 house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the case for large occupational defined contribution pension schemes to be active owners or stewards of their assets, in line with the definition of stewardship as outlined in the Financial Reporting Council's Stewardship Code. more like this
star this property tabling member printed
Lord Harrison remove filter
star this property uin HL6271 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 2014-03-31more like thismore than 2014-03-31
star this property answer text <p /> <p /> <p /> <p>The Government supports the principles set out in the Financial Reporting Council (FRC) UK Stewardship Code including schemes becoming active stewards of their investments and reporting on that stewardship. The Code sets out a number of areas of good practice to which the FRC believes institutional investors should aspire, and operates on a 'comply or explain' basis. It includes guidance for pension schemes and other asset owners on steps they can take to protect and enhance the value that accrues to the ultimate beneficiary. The FCA requires UK authorised asset managers to report on whether or not they apply the Code.</p><p> </p><p>The UK stewardship code is voluntary, however we would encourage workplace pensions schemes to comply with the principles set out in the code. In addition we are developing governance standards of workplace defined contribution schemes, and have asked the Law Commission to investigate how fiduciary duties currently apply in the investment chain. The Pensions Regulator's defined contribution Code of Practice also sets out the legal requirements and standards they expect trustees of defined contribution schemes to attain. This includes a section on investment which also references the FRC Stewardship code. These initiatives are part of our on-going work to ensure schemes are governed and administered to deliver in members' interests.</p>
star this property answering member printed Lord Freud more like this
star this property grouped question UIN
HL6270 more like this
HL6272 more like this
star this property question first answered
less than 2014-03-31T12:00:00.00Zmore like thismore than 2014-03-31T12:00:00.00Z
unstar this property answering member
3893
star this property label Biography information for Lord Freud more like this
star this property tabling member
2488
unstar this property label Biography information for Lord Harrison more like this
44615
star this property registered interest false remove filter
star this property date less than 2014-03-24more like thismore than 2014-03-24
star this property answering body
Department for Work and Pensions remove filter
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 house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the case for large occupational defined benefit pension schemes to be active owners or stewards of their assets, in line with the definition of stewardship as highlighted in the Financial Reporting Council's Stewardship Code. more like this
star this property tabling member printed
Lord Harrison remove filter
star this property uin HL6272 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 2014-03-31more like thismore than 2014-03-31
star this property answer text <p /> <p /> <p /> <p>The Government supports the principles set out in the Financial Reporting Council (FRC) UK Stewardship Code including schemes becoming active stewards of their investments and reporting on that stewardship. The Code sets out a number of areas of good practice to which the FRC believes institutional investors should aspire, and operates on a 'comply or explain' basis. It includes guidance for pension schemes and other asset owners on steps they can take to protect and enhance the value that accrues to the ultimate beneficiary. The FCA requires UK authorised asset managers to report on whether or not they apply the Code.</p><p> </p><p>The UK stewardship code is voluntary, however we would encourage workplace pensions schemes to comply with the principles set out in the code. In addition we are developing governance standards of workplace defined contribution schemes, and have asked the Law Commission to investigate how fiduciary duties currently apply in the investment chain. The Pensions Regulator's defined contribution Code of Practice also sets out the legal requirements and standards they expect trustees of defined contribution schemes to attain. This includes a section on investment which also references the FRC Stewardship code. These initiatives are part of our on-going work to ensure schemes are governed and administered to deliver in members' interests.</p>
star this property answering member printed Lord Freud more like this
star this property grouped question UIN
HL6270 more like this
HL6271 more like this
star this property question first answered
less than 2014-03-31T12:00:00.00Zmore like thismore than 2014-03-31T12:00:00.00Z
unstar this property answering member
3893
star this property label Biography information for Lord Freud more like this
star this property tabling member
2488
unstar this property label Biography information for Lord Harrison more like this
385303
star this property registered interest false remove filter
star this property date less than 2015-06-24more like thismore than 2015-06-24
star this property answering body
Department for Work and Pensions remove filter
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 Funds more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government, further to the remarks by Lord Bourne of Aberystwyth on 7 January (HL Deb, col 432), when they plan to consult on improving transparency for pension savers regarding where their money is invested and how rights attached to it are being exercised; and when they plan to consider how secondary legislation could be used to ensure greater transparency for pension savers. more like this
star this property tabling member printed
Lord Harrison remove filter
star this property uin HL786 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 2015-07-06more like thismore than 2015-07-06
star this property answer text <p /> <p>The Government is committed to ensuring greater transparency for pension savers.</p><p> </p><p>From April this year, workplace schemes are required to report on the value delivered by costs and charges in their scheme for the first time. Building on this, the Department for Work and Pensions and the Financial Conduct Authority ran a joint Call for Evidence ‘Transaction Cost Disclosure: Improving Transparency in Workplace Pensions’, considering how transaction costs could be disclosed in a standardised way. This is the first phase of work required to meet duties under Section 44 of the Pensions Act 2014 to require transaction costs to be disclosed to members and others; and transaction costs and administration charges to be published. The Government is currently considering responses to the Call for Evidence.</p><p> </p><p>Transparency is not just about costs and charges. Earlier this year the Government consulted on changes to the Occupational Pension Schemes Investment Regulations requiring trustees to report how they take financial and non-financial factors into account when investing, and their schemes stewardship policy. The Government is currently considering responses to the consultation.</p><p> </p><p>The Government intends to consult on any secondary legislation required following these exercises later this year, and will consider what further proposals may be needed to ensure greater transparency for pension savers including consideration both of its duties under the Pensions Act 2014 and the remarks made in debates on 7 January.</p>
star this property answering member printed Baroness Altmann more like this
star this property question first answered
less than 2015-07-06T12:06:11.487Zmore like thismore than 2015-07-06T12:06:11.487Z
unstar this property answering member
4533
star this property label Biography information for Baroness Altmann more like this
star this property tabling member
2488
unstar this property label Biography information for Lord Harrison more like this
175367
star this property registered interest false remove filter
star this property date less than 2015-01-22more like thismore than 2015-01-22
star this property answering body
Department for Work and Pensions remove filter
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 Personal Independence Payment more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government how many people receiving Personal Independence Payment have undergone an intervention to review their entitlement. more like this
star this property tabling member printed
Lord Harrison remove filter
star this property uin HL4370 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 2015-01-29more like thismore than 2015-01-29
star this property answer text <p>The information requested regarding interventions is not currently available.</p><p> </p><p> </p><p> </p><p>Information on claims made to Personal Independence Payment (PIP) broken down by condition is not available. By 21 October 2014, 1,535 people classified as having a movement disorder as their primary condition were in receipt of PIP.</p><p> </p><p> </p><p> </p><p>The Department has robust processes in place to assure the quality of Personal Independence Payment assessments and decisions about benefit entitlement, through regular audit and quality checks by specialist teams. We continue to review processes to ensure they remain appropriate and effective.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> more like this
star this property answering member printed Lord Freud more like this
star this property grouped question UIN
HL4371 more like this
HL4372 more like this
HL4373 more like this
star this property question first answered
less than 2015-01-29T17:37:41.977Zmore like thismore than 2015-01-29T17:37:41.977Z
unstar this property answering member
3893
star this property label Biography information for Lord Freud more like this
star this property tabling member
2488
unstar this property label Biography information for Lord Harrison more like this
175368
star this property registered interest false remove filter
star this property date less than 2015-01-22more like thismore than 2015-01-22
star this property answering body
Department for Work and Pensions remove filter
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 Personal Independence Payment more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government how many people with Parkinson's receiving Personal Independence Payment have undergone an intervention to review their entitlement. more like this
star this property tabling member printed
Lord Harrison remove filter
star this property uin HL4371 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 2015-01-29more like thismore than 2015-01-29
star this property answer text <p>The information requested regarding interventions is not currently available.</p><p> </p><p> </p><p> </p><p>Information on claims made to Personal Independence Payment (PIP) broken down by condition is not available. By 21 October 2014, 1,535 people classified as having a movement disorder as their primary condition were in receipt of PIP.</p><p> </p><p> </p><p> </p><p>The Department has robust processes in place to assure the quality of Personal Independence Payment assessments and decisions about benefit entitlement, through regular audit and quality checks by specialist teams. We continue to review processes to ensure they remain appropriate and effective.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> more like this
star this property answering member printed Lord Freud more like this
star this property grouped question UIN
HL4370 more like this
HL4372 more like this
HL4373 more like this
star this property question first answered
less than 2015-01-29T17:37:42.117Zmore like thismore than 2015-01-29T17:37:42.117Z
unstar this property answering member
3893
star this property label Biography information for Lord Freud more like this
star this property tabling member
2488
unstar this property label Biography information for Lord Harrison more like this
175369
star this property registered interest false remove filter
star this property date less than 2015-01-22more like thismore than 2015-01-22
star this property answering body
Department for Work and Pensions remove filter
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 Personal Independence Payment more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government what plans they have (1) to pilot the Personal Independence Payment quality assurance process, (2) to publish an evaluation of the Personal Independence Payment quality assurance process, and (3) to consult on the Personal Independence Payment quality assurance process. more like this
star this property tabling member printed
Lord Harrison remove filter
star this property uin HL4372 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 2015-01-29more like thismore than 2015-01-29
star this property answer text <p>The information requested regarding interventions is not currently available.</p><p> </p><p> </p><p> </p><p>Information on claims made to Personal Independence Payment (PIP) broken down by condition is not available. By 21 October 2014, 1,535 people classified as having a movement disorder as their primary condition were in receipt of PIP.</p><p> </p><p> </p><p> </p><p>The Department has robust processes in place to assure the quality of Personal Independence Payment assessments and decisions about benefit entitlement, through regular audit and quality checks by specialist teams. We continue to review processes to ensure they remain appropriate and effective.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> more like this
star this property answering member printed Lord Freud more like this
star this property grouped question UIN
HL4370 more like this
HL4371 more like this
HL4373 more like this
star this property question first answered
less than 2015-01-29T17:37:42.303Zmore like thismore than 2015-01-29T17:37:42.303Z
unstar this property answering member
3893
star this property label Biography information for Lord Freud more like this
star this property tabling member
2488
unstar this property label Biography information for Lord Harrison more like this
175370
star this property registered interest false remove filter
star this property date less than 2015-01-22more like thismore than 2015-01-22
star this property answering body
Department for Work and Pensions remove filter
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 Personal Independence Payment more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government how many people with movement disorders have applied for Personal Independence Payment. more like this
star this property tabling member printed
Lord Harrison remove filter
star this property uin HL4373 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 2015-01-29more like thismore than 2015-01-29
star this property answer text <p>The information requested regarding interventions is not currently available.</p><p> </p><p> </p><p> </p><p>Information on claims made to Personal Independence Payment (PIP) broken down by condition is not available. By 21 October 2014, 1,535 people classified as having a movement disorder as their primary condition were in receipt of PIP.</p><p> </p><p> </p><p> </p><p>The Department has robust processes in place to assure the quality of Personal Independence Payment assessments and decisions about benefit entitlement, through regular audit and quality checks by specialist teams. We continue to review processes to ensure they remain appropriate and effective.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> more like this
star this property answering member printed Lord Freud more like this
star this property grouped question UIN
HL4370 more like this
HL4371 more like this
HL4372 more like this
star this property question first answered
less than 2015-01-29T17:37:42.447Zmore like thismore than 2015-01-29T17:37:42.447Z
unstar this property answering member
3893
star this property label Biography information for Lord Freud more like this
star this property tabling member
2488
unstar this property label Biography information for Lord Harrison more like this