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1105288

registered interest
date	26/03/2019
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pensions: Advisory Services
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, what assessment she has made of the level of coordination between the Pensions Regulator and the Financial Conduct Authority in relation to defined benefit pension transfer advice.
tabling member constituency	Blaenau Gwent
tabling member printed	Nick Smith
uin	237080
answer	answer is ministerial correction date of answer 02/04/2019 answer text <p>The DWP are urging the two organisations to work much more closely together. The Pension’s Regulator and the Financial Conduct Authority carry out their functions independently. The Pension’s Regulator launched a joint protocol with Financial Conduct Authority in January 2019. The Protocol is intended to improve coordination between the Financial Conduct Authority, The Pension’s Regulator and the Pensions Advisory Service to help pension scheme trustees to ensure their members are adequately and fully informed when considering transferring their defined benefit pensions.</p> answering member constituency Hexham answering member printed Guy Opperman question first answered 02/04/2019 16:28:51 answering member 4142 label Biography information for Guy Opperman
tabling member	3928 label Biography information for Nick Smith

1002135

registered interest
date	05/11/2018
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pensions Regulator: Risk Assessment
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Blaenau Gwent
tabling member printed	Nick Smith
uin	188087
answer	answer is ministerial correction date of answer 12/11/2018 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> answering member constituency Hexham answering member printed Guy Opperman grouped question UIN 188088 question first answered 12/11/2018 12:41:52 answering member 4142 label Biography information for Guy Opperman
tabling member	3928 label Biography information for Nick Smith

1002136

registered interest
date	05/11/2018
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pensions Regulator: Powers
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Blaenau Gwent
tabling member printed	Nick Smith
uin	188088
answer	answer is ministerial correction date of answer 12/11/2018 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> answering member constituency Hexham answering member printed Guy Opperman grouped question UIN 188087 question first answered 12/11/2018 12:41:52 answering member 4142 label Biography information for Guy Opperman
tabling member	3928 label Biography information for Nick Smith

1002137

registered interest
date	05/11/2018
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pensions: Consumer Information
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Blaenau Gwent
tabling member printed	Nick Smith
uin	188089
answer	answer is ministerial correction date of answer 12/11/2018 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> answering member constituency Hexham answering member printed Guy Opperman question first answered 12/11/2018 12:45:41 answering member 4142 label Biography information for Guy Opperman
tabling member	3928 label Biography information for Nick Smith

1002138

registered interest
date	05/11/2018
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pensions: Consumer Information
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Blaenau Gwent
tabling member printed	Nick Smith
uin	188090
answer	answer is ministerial correction date of answer 12/11/2018 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> answering member constituency Hexham answering member printed Guy Opperman question first answered 12/11/2018 12:44:09 answering member 4142 label Biography information for Guy Opperman
tabling member	3928 label Biography information for Nick Smith