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registered interest false more like this
date less than 2019-05-15more like thismore than 2019-05-15
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Pensions: Consumer Information more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Work and Pensions, how much funding (a) has been and (b) is planned to be allocated to the Money and Pensions Service for the delivery of pensions dashboards in (i) 2019-20 and (ii) each of the three subsequent years from (A) the financial services levy on FCA-regulated firms, (B) the general levy on pension schemes and (C) general taxation. more like this
tabling member constituency East Renfrewshire more like this
tabling member printed
Paul Masterton more like this
uin 254866 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>Pensions dashboard are a priority of this Government. The Government is committed to ensuring that the Money and Pensions Service has the funding necessary to develop the non-commercial dashboard and to work with industry, through the Industry Delivery Group (IDG), to develop the dashboard architecture.</p><p> </p><p>The Money and Pensions Service has £8.2m funding for 2019/20 to begin development of the non-commercial dashboard and the dashboard architecture. This funding consists of:</p><ul><li>£1.2m from the Department’s Autumn Budget 2018 settlement to cover the initial set up costs for the Industry Delivery Group.</li><li>£4.7m from the pensions guidance element of the Financial Services Levy.</li><li>£2.3m from the General Pensions Levy.</li></ul><p> </p><p>We will continue to work with the Money and Pensions Service to understand the future development and ongoing maintenance costs over future years, including over the next three years to ensure sufficient funding is allocated from the levies.</p>
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
grouped question UIN 254867 more like this
question first answered
remove filter
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4625
label Biography information for Paul Masterton more like this