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45379
star this property registered interest false more like this
star this property date less than 2014-03-26more like thismore than 2014-03-26
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
unstar this property answering dept sort name Work and Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, what assessment he has made of the effect of the planned changes to pensions on the investment strategy of the National Employment Savings Trust. more like this
star this property tabling member constituency Cumbernauld, Kilsyth and Kirkintilloch East more like this
star this property tabling member printed
Gregg McClymont more like this
unstar this property uin 193950 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2014-04-01more like thismore than 2014-04-01
star this property answer text <p /> <p /> <p /> <p /> <p>The investment strategy for the National Employment Savings Trust (NEST) is the responsibility of the NEST Trustees who will consider, if in the best interests of their members, there needs to be any change in NEST's investment approach.</p><p> </p><p> </p> more like this
star this property answering member constituency Thornbury and Yate remove filter
star this property answering member printed Steve Webb more like this
star this property question first answered
remove filter
unstar this property answering member
220
star this property label Biography information for Steve Webb more like this
star this property tabling member
3949
star this property label Biography information for Gregg McClymont more like this
45608
star this property registered interest false more like this
star this property date less than 2014-03-27more like thismore than 2014-03-27
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
unstar this property answering dept sort name Work and Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, how many outstanding cases of social fund loan repayments his Department is curretnly pursuing; in what year each such loan was issued; what estimate he has made of the total value of such outstanding repayments; and how much his Department is paying a debt management service to pursue such repayments. more like this
star this property tabling member constituency Birkenhead more like this
star this property tabling member printed
Mr Frank Field more like this
unstar this property uin 194152 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2014-04-01more like thismore than 2014-04-01
star this property answer text <p /> <p /> <p>At March 2013, there were 10,118,298 loans outstanding relating to 2,940,087 customers. The table below indicates the age of loans and their volumes and values.</p><p> </p><table><tbody><tr><td><p>Age of loan</p></td><td><p>Loans</p></td><td><p>Value £000</p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>Five years and over</p></td><td><p>1,837,896</p></td><td><p>218,840</p></td></tr><tr><td><p>Between one and five years</p></td><td><p>5,898,911</p></td><td><p>595,737</p></td></tr><tr><td><p>Less than one year</p></td><td><p>2,381,491</p></td><td><p>373,729</p></td></tr><tr><td><p>Total</p></td><td><p>10,118,298</p></td><td><p>1,188,306</p></td></tr></tbody></table><p> </p><p> </p><p>The Department pursues all debts available for recovery. Where we have difficulty with locating a customer and obtaining payment from them we will employ a private sector company to do this for us; for year ending March 2013 we paid £880,000 and recovered £6.1m.</p><p> </p><p>Data has been included for the financial year 2012-13, the latest year for which the audited Social Fund White Paper Account is available. The 2013-14 Account will be publicly available from July 2014.</p><p> </p><p> </p><p><strong> </strong></p>
star this property answering member constituency Thornbury and Yate remove filter
star this property answering member printed Steve Webb more like this
star this property question first answered
remove filter
unstar this property answering member
220
star this property label Biography information for Steve Webb more like this
star this property tabling member
478
star this property label Biography information for Frank Field more like this
45386
star this property registered interest false more like this
star this property date less than 2014-03-26more like thismore than 2014-03-26
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
unstar this property answering dept sort name Work and Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, what assessment he has made of the effect of the planned changes to pensions on opt-out rates of auto enrolment. more like this
star this property tabling member constituency Cumbernauld, Kilsyth and Kirkintilloch East more like this
star this property tabling member printed
Gregg McClymont more like this
unstar this property uin 193948 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2014-04-01more like thismore than 2014-04-01
star this property answer text <p /> <p /> <p>The Budget announced that from April 2015, the tax rules for how people access their defined contribution pension savings will be simplified to allow individuals aged 55 or over to withdraw their savings however they wish, subject to their marginal rate of income tax.</p><p> </p><p>Allowing individuals to exercise greater choice over how they access their retirement savings may mean that some people who would have previously chosen to opt out may no longer do so. This is more likely to have an effect on the choices of older workers.</p> more like this
star this property answering member constituency Thornbury and Yate remove filter
star this property answering member printed Steve Webb more like this
star this property question first answered
remove filter
unstar this property answering member
220
star this property label Biography information for Steve Webb more like this
star this property tabling member
3949
star this property label Biography information for Gregg McClymont more like this
45377
star this property registered interest false more like this
star this property date less than 2014-03-26more like thismore than 2014-03-26
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
unstar this property answering dept sort name Work and Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, how many people received face to face guidance from the Pension Advisory Service in each of the last five years. more like this
star this property tabling member constituency Cumbernauld, Kilsyth and Kirkintilloch East more like this
star this property tabling member printed
Gregg McClymont more like this
unstar this property uin 193944 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2014-04-01more like thismore than 2014-04-01
star this property answer text <p /> <p /> <p>The Pensions Advisory Service provides information and guidance over multiple distribution channels including by telephone, web chat, online and written enquiries and face to face via outreach activity. The outreach activity includes shows, forums and similar events. All guidance is tailored to the individuals' personal circumstances.</p><p> </p><p>The data for the last five years are set out in the table below:</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>2009/2010</p></td><td><p>2010/2011</p></td><td><p>2011/2012</p></td><td><p>2012/2013</p></td><td><p>2013/2014</p></td></tr><tr><td><p>Helpline customers</p><p>Includes calls, online enquiries, webchats and 1<sup>st</sup> party complaints</p></td><td><p>99,663</p></td><td><p>87,712</p></td><td><p>93,505</p></td><td><p>84,228</p></td><td><p> </p><p> </p><p> </p><p> </p><p>76,348 (as at 28th February)</p><p> </p><p> </p></td></tr><tr><td><p>Outreach work</p></td><td><p>6,457 people spoken to at TPAS events/presentations</p></td><td><p>7,577</p></td><td><p>3,786</p></td><td><p>1,091</p></td><td><p>1,400 estimate to date</p></td></tr></tbody></table><p> </p><p> </p>
star this property answering member constituency Thornbury and Yate remove filter
star this property answering member printed Steve Webb more like this
star this property question first answered
remove filter
unstar this property answering member
220
star this property label Biography information for Steve Webb more like this
star this property tabling member
3949
star this property label Biography information for Gregg McClymont more like this