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min answer › date of answer	2019-06-18
min answer › question first answered	2019-05-15T12:39:20.147Z
registered interest	false
answer › answering member printed	John Glen
question text	To ask the Chancellor of the Exchequer%2C what assessment his Department has made of the effect on pension companies of the decision by some UK listed companies to cancel dividend payments to their shareholders.

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registered interest

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answering body

answering dept id

answering dept short name

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legislature


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question text

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uin

answer

is ministerial correction

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answering member constituency

answering member printed

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1241690

registered interest

date

08/10/2020

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Investment Income: Coronavirus

house id

legislature

25259

pref label	House of Commons

question text

To ask the Chancellor of the Exchequer, what assessment his Department has made of the effect on pension companies of the decision by some UK listed companies to cancel dividend payments to their shareholders.

tabling member constituency

Hendon

tabling member printed

Dr Matthew Offord

uin

100961

answer

is ministerial correction

date of answer

16/10/2020

answer text

<p>Whilst dividend income is important for pension schemes, they have long-term investment horizons and a range of other sources including fixed income from corporate and sovereign bonds, rental income and capital gains, although many of these are under strain.</p><p>When market conditions recover and firms have rebuilt their balance sheets we anticipate that dividends will be restored.</p>

answering member constituency

Salisbury

answering member printed

John Glen

question first answered

16/10/2020 12:52:59

answering member

4051

label	Biography information for John Glen

tabling member

4006

label	Biography information for Dr Matthew Offord