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1504378
registered interest false more like this
date less than 2022-09-02more like thismore than 2022-09-02
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 Workplace Pensions remove filter
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, what support for pension tracing she is providing to people who are (a) about to retire and (b) unaware of the details of the employers they have worked for the purposes of ensuring that they have access to their full pension entitlement. more like this
tabling member constituency Walsall South more like this
tabling member printed
Valerie Vaz more like this
uin 45798 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-09-07more like thismore than 2022-09-07
answer text <p>The Government has existing provision to assist people in finding contact details of schemes they may have pensions with. ‘Find pension contact details’ is a customer-facing, self-service system on GOV.UK. This service will trace the administrator of a specific pension scheme and provide contact details to the individual so they can contact that scheme to help reconnect with a pension pot. There is also a DWP agent service, the Pension Tracing Service, which provides the same information via the telephone for individuals who are unable to use the ‘Find Pensions Contact Details’ service.</p><p>Furthermore, when parliamentary time allows, regulations to introduce pensions dashboards will be laid before Parliament, with dashboards subsequently launching to the public in the coming years. Pensions dashboards will make it easy for people to see their pensions information, including their State Pension, in one place online at the touch of a smartphone, laptop, or computer at home. This will put people in control and reconnect them with their lost pension pots, transforming how they think and plan for retirement.</p>
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2022-09-07T11:45:05.667Zmore like thismore than 2022-09-07T11:45:05.667Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4076
label Biography information for Valerie Vaz more like this
1486476
registered interest false more like this
date less than 2022-07-05more like thismore than 2022-07-05
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 Workplace Pensions remove filter
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, with reference to employees who have reached the earnings trigger and are auto-enrolled onto a workplace pension scheme, what assessment she has made of the potential merits of setting the lower limit of qualifying earnings at £0 for the purposes of calculating how much employers should contribute towards an employee’s pension; and whether she has made an estimate of the cost of setting that limit at £0. more like this
tabling member constituency Dwyfor Meirionnydd more like this
tabling member printed
Liz Saville Roberts more like this
uin 31180 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-07-11more like thismore than 2022-07-11
answer text <p>It remains the governments intention to lower the earnings limit on Automatic Enrolment as soon as Parliamentary time allows. The latest published estimate of the costs of this change to workplace pensions is set out in the analytical report that accompanied the 2017 Automatic Enrolment (AE) Review, here: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/668657/automatic-enrolment-review-2017-analytical-report.pdf" target="_blank">Automatic enrolment review 2017: analytical report (publishing.service.gov.uk)</a>. <br> <br> It shows that the removal of the AE Lower Earnings Limit (LEL) would initially increase total contributions by £2.6 billion per annum. This represents an initial upper bound cost estimate as, for example, many employers choose to pay above the current automatic enrolment statutory minimum contribution levels.</p><p> </p><p>We continue to build the evidence base and use the latest data to improve the estimates in line with government’s ambition of implementing the AE 2017 Review proposals in the mid-2020s.</p><p> </p><p />
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2022-07-11T15:52:01.533Zmore like thismore than 2022-07-11T15:52:01.533Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4521
label Biography information for Liz Saville Roberts more like this
1457275
registered interest false more like this
date less than 2022-04-14more like thismore than 2022-04-14
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 Workplace Pensions remove filter
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, what steps (a) her Department or (b) the Pension Protection Fund are taking to monitor proactively which pension schemes have a guarantee from a public authority. more like this
tabling member constituency Bristol West more like this
tabling member printed
Thangam Debbonaire more like this
uin 154110 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-04-26more like thismore than 2022-04-26
answer text <p>Government Departments are required to reflect any guarantees given in their Annual Report and Accounts. These accounts are laid before Parliament annually.</p><p>The Pension Protection Fund will only invoice eligible schemes; but it would refund any levies from schemes that are subsequently found to be ineligible, including where a scheme can demonstrate that it had a historic crown guarantee.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
grouped question UIN
154111 more like this
154112 more like this
question first answered
less than 2022-04-26T15:13:07.5Zmore like thismore than 2022-04-26T15:13:07.5Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4433
label Biography information for Thangam Debbonaire more like this
1417760
registered interest false more like this
date less than 2022-01-28more like thismore than 2022-01-28
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 Workplace Pensions remove filter
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, in the last 12 months how many employers who have autoenrolment pension responsibilities have failed to enrol all eligible employees. more like this
tabling member constituency Sheffield, Brightside and Hillsborough more like this
tabling member printed
Gill Furniss more like this
uin 113796 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-02-07more like thismore than 2022-02-07
answer text <p>Automatic Enrolment has transformed workplace pension saving, with over 10 million employees enrolled and over 1.9 million employers meeting their duties. The Pensions Regulator is responsible for maximising employer compliance with the automatic enrolment duties, using a risk-based approach to deter, prevent, or address non-compliance.</p><p> </p><p>Employers must provide information to The Regulator to show they are meeting their automatic enrolment duties, which involves completing a declaration of compliance. The Regulator publishes regular information about employers who have complied with their duties, here <a href="https://www.thepensionsregulator.gov.uk/en/document-library/research-and-analysis/automatic-enrolment-declaration-of-compliance-report" target="_blank">Automatic enrolment declaration of compliance report | The Pensions Regulator</a>. The Regulator also publishes data on how often they have used their regulatory powers, here <a href="https://www.thepensionsregulator.gov.uk/en/document-library/enforcement-activity/enforcement-bulletins" target="_blank">Enforcement bulletins | The Pensions Regulator</a> which shows that in the 12 months to the end of June 2021 The Regulator issued 60,870 Compliance Notices.</p><p> </p><p>Pension scheme trustees and managers have the responsibility for monitoring, collecting and recovering contributions to their schemes in accordance with <a href="https://www.thepensionsregulator.gov.uk/en/trustees/managing-dc-benefits/administration-guide-for-dc-pension-schemes/maintaining-contributions" target="_blank">The Pensions Regulator’s code of practice.</a> Pension schemes are required to report to The Pensions Regulator where there has been a material failure in the payment of contributions by employers.</p>
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
grouped question UIN 113797 more like this
question first answered
less than 2022-02-07T15:05:31.527Zmore like thismore than 2022-02-07T15:05:31.527Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4571
label Biography information for Gill Furniss more like this
1417761
registered interest false more like this
date less than 2022-01-28more like thismore than 2022-01-28
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 Workplace Pensions remove filter
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, what the estimated value is of currently outstanding employer contributions to workplace pension schemes. more like this
tabling member constituency Sheffield, Brightside and Hillsborough more like this
tabling member printed
Gill Furniss more like this
uin 113797 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-02-07more like thismore than 2022-02-07
answer text <p>Automatic Enrolment has transformed workplace pension saving, with over 10 million employees enrolled and over 1.9 million employers meeting their duties. The Pensions Regulator is responsible for maximising employer compliance with the automatic enrolment duties, using a risk-based approach to deter, prevent, or address non-compliance.</p><p> </p><p>Employers must provide information to The Regulator to show they are meeting their automatic enrolment duties, which involves completing a declaration of compliance. The Regulator publishes regular information about employers who have complied with their duties, here <a href="https://www.thepensionsregulator.gov.uk/en/document-library/research-and-analysis/automatic-enrolment-declaration-of-compliance-report" target="_blank">Automatic enrolment declaration of compliance report | The Pensions Regulator</a>. The Regulator also publishes data on how often they have used their regulatory powers, here <a href="https://www.thepensionsregulator.gov.uk/en/document-library/enforcement-activity/enforcement-bulletins" target="_blank">Enforcement bulletins | The Pensions Regulator</a> which shows that in the 12 months to the end of June 2021 The Regulator issued 60,870 Compliance Notices.</p><p> </p><p>Pension scheme trustees and managers have the responsibility for monitoring, collecting and recovering contributions to their schemes in accordance with <a href="https://www.thepensionsregulator.gov.uk/en/trustees/managing-dc-benefits/administration-guide-for-dc-pension-schemes/maintaining-contributions" target="_blank">The Pensions Regulator’s code of practice.</a> Pension schemes are required to report to The Pensions Regulator where there has been a material failure in the payment of contributions by employers.</p>
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
grouped question UIN 113796 more like this
question first answered
less than 2022-02-07T15:05:31.577Zmore like thismore than 2022-02-07T15:05:31.577Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4571
label Biography information for Gill Furniss more like this
1360632
registered interest false more like this
date less than 2021-10-18more like thismore than 2021-10-18
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 Workplace Pensions remove filter
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, what assessment he has made of the potential merits of amending legislation on workplace occupational pensions for the purposes of guaranteeing that retirees receive back at least the (a) actual sums invested into their pension pot or (b) amount invested into their pension pot uprated for inflation. more like this
tabling member constituency Kirkcaldy and Cowdenbeath more like this
tabling member printed
Neale Hanvey more like this
uin 58530 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-10-26more like thismore than 2021-10-26
answer text <p>No assessment has been made.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2021-10-26T12:15:51.477Zmore like thismore than 2021-10-26T12:15:51.477Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4782
label Biography information for Neale Hanvey more like this
1357160
registered interest false more like this
date less than 2021-09-21more like thismore than 2021-09-21
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 Workplace Pensions remove filter
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, what estimate his Department has made of the proportion of people who are automatically enrolled that are likely to reach a moderate lifestyle in retirement as defined by the PLSA’s Retirement Living Standards. more like this
tabling member constituency Midlothian more like this
tabling member printed
Owen Thompson more like this
uin 52550 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-09-27more like thismore than 2021-09-27
answer text <p>This Government is focussed on its goal of expanding the benefits of automatic enrolment in the mid-2020s, increasing the overall amounts being saved by working people, and extending the benefits of workplace pensions to younger workers. I welcome the PLSA standards as a contribution to the debate.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2021-09-27T10:52:52.297Zmore like thismore than 2021-09-27T10:52:52.297Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4482
label Biography information for Owen Thompson more like this
1356193
registered interest false more like this
date less than 2021-09-16more like thismore than 2021-09-16
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 Workplace Pensions remove filter
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, if she will make an estimate of the proportion of employees automatically enrolled in a workplace pension scheme who are likely to reach a moderate lifestyle in retirement as defined by the Pensions and Lifetime Savings Association's Retirement Living Standards. more like this
tabling member constituency North East Fife more like this
tabling member printed
Wendy Chamberlain more like this
uin 50767 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-09-21more like thismore than 2021-09-21
answer text <p>This Government is focussed on its goal of expanding the benefits of automatic enrolment in the mid-2020s, increasing the overall amounts being saved by working people, and extending the benefits of workplace pensions to younger workers. I welcome the PLSA standards as a contribution to the debate.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2021-09-21T15:59:13.823Zmore like thismore than 2021-09-21T15:59:13.823Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4765
label Biography information for Wendy Chamberlain more like this
1337390
registered interest false more like this
date less than 2021-06-16more like thismore than 2021-06-16
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 Workplace Pensions remove filter
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, if she will provide the records of any meetings she or her Ministers have had with (a) the People's Pension and (b) NEST in the last four years. more like this
tabling member constituency Stalybridge and Hyde more like this
tabling member printed
Jonathan Reynolds more like this
uin 16844 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-21more like thismore than 2021-06-21
answer text <p>The Government publishes an unprecedented amount of transparency data; Departments publish quarterly details of Ministers and Permanent Secretaries meetings with external organisations.</p><p> </p><p>Published transparency returns can be found here:</p><p><a href="https://www.gov.uk/government/collections/dwp-ministers-hospitality-and-gifts" target="_blank">https://www.gov.uk/government/collections/dwp-ministers-hospitality-and-gifts</a></p><p><strong> </strong></p><p>The Department is the sponsor Government Department of Nest and routinely meets with representatives of this organisation to discuss matters relating to policy, service and delivery through its governance and stewardship arrangements.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2021-06-21T12:39:13.003Zmore like thismore than 2021-06-21T12:39:13.003Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4119
label Biography information for Jonathan Reynolds more like this
1237560
registered interest false more like this
date less than 2020-09-24more like thismore than 2020-09-24
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 Workplace Pensions remove filter
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, what steps his Department is taking to ensure that all employers fulfil their legal duties to make contributions to workplace pension schemes. more like this
tabling member constituency Sheffield, Brightside and Hillsborough more like this
tabling member printed
Gill Furniss more like this
uin 95164 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-29more like thismore than 2020-09-29
answer text <p>Automatic enrolment duties continue to apply to all employers with eligible workers.</p><p> </p><p>The Pensions Regulators latest message on reporting duties and enforcement is published on its website, here: <a href="https://www.thepensionsregulator.gov.uk/en/covid-19-coronavirus-what-you-need-to-consider/covid-19-an-update-on-reporting-duties-and-enforcement-activity" target="_blank">https://www.thepensionsregulator.gov.uk/en/covid-19-coronavirus-what-you-need-to-consider/covid-19-an-update-on-reporting-duties-and-enforcement-activity</a></p><p> </p><p>Government is monitoring the implications of Covid-19 for savers, employers and the pension industry. And as part of supporting the United Kingdom’s economic recovery, our aim remains to help workers achieve greater financial resilience for the long term.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2020-09-29T15:41:42.607Zmore like thismore than 2020-09-29T15:41:42.607Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4571
label Biography information for Gill Furniss more like this