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1002135
registered interest false more like this
date less than 2018-11-05more like thismore than 2018-11-05
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 Pensions Regulator: Risk Assessment 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, when she plans to bring forward legislative proposals to enhance the moral hazard powers of the Pensions Regulator. more like this
tabling member constituency Blaenau Gwent more like this
tabling member printed
Nick Smith more like this
uin 188087 more like this
answer
answer
is ministerial correction false more like this
date of answer remove maximum value filtermore like thismore than 2018-11-12
answer text <p>We have announced in the White Paper, <em>Protecting Defined Benefit Pension Schemes, </em>that we intend to introduce a stand-alone interview power and enhanced inspection powers to enable the Pensions Regulator to conduct its investigations in a more efficient way.</p><p> </p><p>The Government’s recent consultation on a stronger Pensions Regulator asked for views on proposals to strengthen the Pensions Regulator’s powers, including specifically enhancing its anti-avoidance powers, which deal with moral hazard. We are considering the responses and hope to publish our conclusions shortly, with a view to taking forward any necessary legislation in due course.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
grouped question UIN 188088 more like this
question first answered
less than 2018-11-12T12:41:52.49Zmore like thismore than 2018-11-12T12:41:52.49Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
3928
label Biography information for Nick Smith more like this
1002136
registered interest false more like this
date less than 2018-11-05more like thismore than 2018-11-05
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 Pensions Regulator: Powers 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, if she will bring forward legislative proposals to enhance the (a) information-gathering and (b) anti-avoidance powers of the Pensions Regulator. more like this
tabling member constituency Blaenau Gwent more like this
tabling member printed
Nick Smith more like this
uin 188088 more like this
answer
answer
is ministerial correction false more like this
date of answer remove maximum value filtermore like thismore than 2018-11-12
answer text <p>We have announced in the White Paper, <em>Protecting Defined Benefit Pension Schemes, </em>that we intend to introduce a stand-alone interview power and enhanced inspection powers to enable the Pensions Regulator to conduct its investigations in a more efficient way.</p><p> </p><p>The Government’s recent consultation on a stronger Pensions Regulator asked for views on proposals to strengthen the Pensions Regulator’s powers, including specifically enhancing its anti-avoidance powers, which deal with moral hazard. We are considering the responses and hope to publish our conclusions shortly, with a view to taking forward any necessary legislation in due course.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
grouped question UIN 188087 more like this
question first answered
less than 2018-11-12T12:41:52.553Zmore like thismore than 2018-11-12T12:41:52.553Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
3928
label Biography information for Nick Smith more like this
1002137
registered interest false more like this
date less than 2018-11-05more like thismore than 2018-11-05
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 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, what progress her Department has made on proposed verification and security measures for individual users of the proposed Pensions Dashboard. more like this
tabling member constituency Blaenau Gwent more like this
tabling member printed
Nick Smith more like this
uin 188089 more like this
answer
answer
is ministerial correction false more like this
date of answer remove maximum value filtermore like thismore than 2018-11-12
answer text <p>On Tuesday 4 September 2018, I published a written statement providing an update on pensions including the pensions dashboard. This statement can be found here: <a href="https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-09-04/HCWS933/" target="_blank">https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-09-04/HCWS933/</a></p><p><strong> </strong></p><p>An industry-led Dashboard, facilitated by Government, will harness the best of industry innovation. We will continue to engage with industry, consumer groups and other stakeholders on this model and Government will protect pension savers and personal information by legislating where necessary.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-12T12:45:41.06Zmore like thismore than 2018-11-12T12:45:41.06Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
3928
label Biography information for Nick Smith more like this
1002138
registered interest false more like this
date less than 2018-11-05more like thismore than 2018-11-05
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 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, whether the participation of pension schemes in the Pensions Dashboard will be compulsory. more like this
tabling member constituency Blaenau Gwent more like this
tabling member printed
Nick Smith more like this
uin 188090 more like this
answer
answer
is ministerial correction false more like this
date of answer remove maximum value filtermore like thismore than 2018-11-12
answer text <p>As set out in the Autumn Budget, DWP will consult on the detailed design for pensions dashboards, and on how an industry-led approach could harness innovation while protecting consumers. As part of the consultation, due to be published shortly, the Department will explore how to maximise the participation of pension schemes.</p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-12T12:44:09.55Zmore like thismore than 2018-11-12T12:44:09.55Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
3928
label Biography information for Nick Smith more like this
999645
registered interest false more like this
date less than 2018-11-01more like thismore than 2018-11-01
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, what plans her Department has to consult on proposals for mandatory participation in pensions dashboards by pension providers. more like this
tabling member constituency Torfaen more like this
tabling member printed
Nick Thomas-Symonds more like this
uin 187095 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-08more like thismore than 2018-11-08
answer text <p>As set out in the Autumn Budget, The DWP will consult on the detailed design for pensions dashboards, and on how an industry-led approach could harness innovation while protecting consumers. As part of the consultation, due to be published shortly, the DWP will explore how to maximise the participation of pension schemes.</p><p> </p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-08T12:43:32.237Zmore like thismore than 2018-11-08T12:43:32.237Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4479
label Biography information for Nick Thomas-Symonds more like this
999142
registered interest false more like this
date less than 2018-10-31more like thismore than 2018-10-31
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 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, pursuant to the Answer of 18 October 2018 Question 177666 on Occupational Pensions, what steps her Department is taking to ensure members of the public are aware of the IORP2 Directive on occupational retirement savings. more like this
tabling member constituency Birmingham, Erdington more like this
tabling member printed
Jack Dromey more like this
uin 186293 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-08more like thismore than 2018-11-08
answer text <p>The key elements of IORP II – for example, rules around scheme funding and supervision of schemes - are already required within UK law and the Pensions Regulator’s Codes of Practice. As such, appropriate communications about these measures are already in place.</p><p> </p><p>The DWP has worked closely with the Pensions Regulator to develop communications about the new requirements introduced by IORP II. Information about this has been shared with industry stakeholders to communicate to individual pension schemes. The Pensions Regulator is currently considering the most appropriate format and content of communications about IORP II to release to other audiences.</p><p> </p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-08T12:39:05.643Zmore like thismore than 2018-11-08T12:39:05.643Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
3913
label Biography information for Jack Dromey more like this
997391
registered interest false more like this
date less than 2018-10-29more like thismore than 2018-10-29
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 Regulator: Staff 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 many staff are (a) employed directly by (b) seconded to and (c) work under contract in the Pensions Regulator. more like this
tabling member constituency Hornsey and Wood Green more like this
tabling member printed
Catherine West more like this
uin 185150 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-05more like thismore than 2018-11-05
answer text <p>The number of staff directly employed at the Pensions Regulator as of the 30 September is 685; 9 staff are under contract.</p><p> </p><p>The figure for those seconded is below 5.</p><p> </p><p>Further information on The Pensions Regulator headcount can be found in their Annual Report and Accounts, which can be found via the following Link.</p><p> </p><p><a href="http://www.thepensionsregulator.gov.uk/docs/annual-report-and-account-2017-2018" target="_blank">http://www.thepensionsregulator.gov.uk/docs/annual-report-and-account-2017-2018</a></p><p><strong> </strong></p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-05T15:28:20.56Zmore like thismore than 2018-11-05T15:28:20.56Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4523
label Biography information for Catherine West more like this
994659
registered interest false more like this
date less than 2018-10-25more like thismore than 2018-10-25
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 State Retirement Pensions: British Nationals Abroad 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, whether the state pensions of UK pensioners living in the EEA will continue to be up-rated annually after the UK leaves the EU; and if she will make a statement. more like this
tabling member constituency Bridgend more like this
tabling member printed
Mrs Madeleine Moon more like this
uin 183890 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-02more like thismore than 2018-11-02
answer text <p>The UK State Pension will remain payable worldwide following our departure from the EU. We have now reached agreement with the EU to maintain State Pension up-rating for those covered by the Withdrawal Agreement, subject to reciprocity. This information can be found here: <a href="https://www.gov.uk/government/publications/safeguarding-the-position-of-eu-citizens-in-the-uk-and-uk-nationals-in-the-eu" target="_blank">https://www.gov.uk/government/publications/safeguarding-the-position-of-eu-citizens-in-the-uk-and-uk-nationals-in-the-eu</a></p><p> </p><p>For UK State Pension recipients living in the EU on the specified date, this includes those who are already receiving their UK State Pension as well as future UK State Pension recipients. We will wish to discuss State Pension up-rating for individuals not covered by the Withdrawal Agreement in future talks. We are currently in discussion with the EEA-EFTA states (Norway, Iceland, and Liechtenstein) and Switzerland on agreements to protect the rights of UK nationals living in those countries and their nationals living in the UK.</p>
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-02T14:55:58.367Zmore like thismore than 2018-11-02T14:55:58.367Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
1490
label Biography information for Mrs Madeleine Moon more like this
985754
registered interest false more like this
date less than 2018-10-11more like thismore than 2018-10-11
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 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, what discussions his Department has had with the Financial Conduct Authority on the protection of savers automatically enrolled into contract-based pension schemes from climate change risks material to their investments. more like this
tabling member constituency Swansea West more like this
tabling member printed
Geraint Davies more like this
uin 178215 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-10-17more like thismore than 2018-10-17
answer text <p>The Department for Work and Pensions works closely with the Financial Conduct Authority to ensure that pension savers benefit from comparable protection whether they are members of an occupational pension scheme or a workplace personal pension scheme. This includes considering together how best to ensure that schemes take appropriate account of climate change risks and other financial risks material to their investments.</p><p> </p><p>Last month government laid regulations which, from October 2019, will require trustees of occupational pension schemes to set out how they take account of climate change and other risks that are material to their investments.</p><p> </p><p>The Financial Conduct Authority will consult in the first quarter of 2019 on a rule change to require the Independent Governance Committees of workplace personal pension schemes to report on their firm’s policy on evaluating financially material considerations, including climate change.</p><p> </p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2018-10-17T14:44:53.993Zmore like thismore than 2018-10-17T14:44:53.993Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
155
label Biography information for Geraint Davies more like this
984923
registered interest false more like this
date less than 2018-10-10more like thismore than 2018-10-10
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 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, when she plans to hold a consultation on the implementation of the IORP2 Directive on occupational retirement savings. more like this
tabling member constituency Birmingham, Erdington more like this
tabling member printed
Jack Dromey more like this
uin 177666 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-10-18more like thismore than 2018-10-18
answer text <p>The UK was a strong and influential voice during the negotiations that produced the EU Directive 2016/2341 known as IORP II. Stakeholder and Government representatives worked together to negotiate a final text which supports the UK’s direction of travel on pensions policy. Consequently, many of the key elements of IORP II are already required within UK law and / or the Pensions Regulator’s existing Codes of Practice. Therefore, DWP does not intend to undertake a formal consultation exercise. However, we have consulted informally and extensively with industry, the Pensions Regulator and other stakeholders to explore which parts of the Directive to transpose into UK law and how this is best achieved.</p><p> </p> more like this
answering member constituency Hexham remove filter
answering member printed Guy Opperman more like this
question first answered
less than 2018-10-18T10:41:42.077Zmore like thismore than 2018-10-18T10:41:42.077Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
3913
label Biography information for Jack Dromey more like this