Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1129985

registered interest
date	05/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensioners: Income
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the ability of consumers to make an informed choice when accessing retirement income products.
tabling member constituency	Wallasey
tabling member printed	Ms Angela Eagle
uin	260554
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>The Government recognises that people need the right support and guidance to make decisions that best suit their evolving personal circumstances. That is why the Government introduced Pension Wise, a service provided by the Money and Pensions Service (MAPS) that offers everyone aged 50 and over who has a defined contribution pension, free and impartial guidance on their range of available choices at retirement.</p><p> </p><p>The Financial Conduct Authority (FCA) found in its Retirement Outcomes Review in 2018 that consumer engagement in the retirement market is low and there are low levels of shopping around. As part of remedies to improve this, the FCA has set new requirements for pension providers to send more frequent ‘wake-up packs’ to their consumers, which include a summary of their open market options.</p><p> </p><p>The Money Advice Service (provided by MAPS) also offers a guaranteed income product comparator tool and is developing a drawdown comparator tool, to make it easier for consumers to compare the different options available to them.</p> answering member constituency Salisbury answering member printed John Glen question first answered 10/06/2019 11:08:05 answering member 4051 label Biography information for John Glen
tabling member	491 label Biography information for Dame Angela Eagle

1129987

registered interest
date	05/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the adequacy of the regulatory and governance standards in the pensions industry in ensuring that drawdown products are appropriate for consumers.
tabling member constituency	Wallasey
tabling member printed	Ms Angela Eagle
uin	260555
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>The Financial Conduct Authority (FCA) is the regulator of pensions decumulation products, including drawdown products.</p><p> </p><p>The FCA conducted the Retirement Outcomes Review into the retirement income market, publishing the final report in 2018. The final report particularly focused on investment choices and charges in drawdown. As a result of its findings, it is introducing or consulting on a number of remedies to protect consumers from poor outcomes and promote competition in the market. These include the introduction of investment pathways and a requirement for consumers entering drawdown to receive clearer information on charges. The FCA is also currently consulting on extending the remit of Independent Governance Committees (IGCs) to investment pathways.</p><p> </p><p>As the remedies will be a significant intervention in the drawdown market, the FCA plans to conduct a detailed review of the impact of investment pathways one year after implementation to consider how well the remedy is working.</p> answering member constituency Salisbury answering member printed John Glen question first answered 10/06/2019 11:10:53 answering member 4051 label Biography information for John Glen
tabling member	491 label Biography information for Dame Angela Eagle

1129619

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Children: Day Care
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many families have (a) a tax-free childcare account and (b) have made a payment through their tax-free childcare account.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	259994
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>Details of the number of families with a Tax-Free Childcare account are published quarterly by HMRC. The latest publication is available at the following address:<br> <br> <a href="https://www.gov.uk/government/statistics/tax-free-childcare-statistics-march-2019" target="_blank">https://www.gov.uk/government/statistics/tax-free-childcare-statistics-march-2019</a><br> <br> In March 2019 there were 313,000 families with an open Tax-Free Childcare account.</p><p> </p><p>In March 2019 there were 125,000 families with a used Tax-Free Childcare account.</p><p> </p><p>Table 3 shows the numbers of open and used accounts for families with a self-employed parent. The proportion of families with a used account that have a self-employed parent in March 2019, was 19,000/125,000 or 15%.</p><p> </p><p>In March 2019, there were 900 disabled children in receipt of Tax-Free Childcare.</p><p> </p><p>The information published in these statistics comprises all months since the policy was launched in April 2017 to March 2019. A further update, including the months April to June 2019, will be published in August.</p><p> </p><p>Since Tax-Free Childcare was launched in April 2017 and up to May 2019, 8,500 accounts have been closed.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 259996 259997 259998 question first answered 10/06/2019 07:49:32 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4125 label Biography information for Catherine McKinnell

1129621

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Children: Day Care
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many parents have opened and subsequently closed a tax-free childcare account since 21 April 2017.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	259996
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>Details of the number of families with a Tax-Free Childcare account are published quarterly by HMRC. The latest publication is available at the following address:<br> <br> <a href="https://www.gov.uk/government/statistics/tax-free-childcare-statistics-march-2019" target="_blank">https://www.gov.uk/government/statistics/tax-free-childcare-statistics-march-2019</a><br> <br> In March 2019 there were 313,000 families with an open Tax-Free Childcare account.</p><p> </p><p>In March 2019 there were 125,000 families with a used Tax-Free Childcare account.</p><p> </p><p>Table 3 shows the numbers of open and used accounts for families with a self-employed parent. The proportion of families with a used account that have a self-employed parent in March 2019, was 19,000/125,000 or 15%.</p><p> </p><p>In March 2019, there were 900 disabled children in receipt of Tax-Free Childcare.</p><p> </p><p>The information published in these statistics comprises all months since the policy was launched in April 2017 to March 2019. A further update, including the months April to June 2019, will be published in August.</p><p> </p><p>Since Tax-Free Childcare was launched in April 2017 and up to May 2019, 8,500 accounts have been closed.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 259994 259997 259998 question first answered 10/06/2019 07:49:33 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4125 label Biography information for Catherine McKinnell

1129622

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Children: Day Care
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what proportion of tax-free childcare accounts are used by households with one or more self-employed parents as of 31 May 2019.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	259997
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>Details of the number of families with a Tax-Free Childcare account are published quarterly by HMRC. The latest publication is available at the following address:<br> <br> <a href="https://www.gov.uk/government/statistics/tax-free-childcare-statistics-march-2019" target="_blank">https://www.gov.uk/government/statistics/tax-free-childcare-statistics-march-2019</a><br> <br> In March 2019 there were 313,000 families with an open Tax-Free Childcare account.</p><p> </p><p>In March 2019 there were 125,000 families with a used Tax-Free Childcare account.</p><p> </p><p>Table 3 shows the numbers of open and used accounts for families with a self-employed parent. The proportion of families with a used account that have a self-employed parent in March 2019, was 19,000/125,000 or 15%.</p><p> </p><p>In March 2019, there were 900 disabled children in receipt of Tax-Free Childcare.</p><p> </p><p>The information published in these statistics comprises all months since the policy was launched in April 2017 to March 2019. A further update, including the months April to June 2019, will be published in August.</p><p> </p><p>Since Tax-Free Childcare was launched in April 2017 and up to May 2019, 8,500 accounts have been closed.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 259994 259996 259998 question first answered 10/06/2019 07:49:33 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4125 label Biography information for Catherine McKinnell

1129623

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Children: Day Care
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many children with disabilities were in receipt of tax-free childcare as of 31 May 2019.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	259998
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>Details of the number of families with a Tax-Free Childcare account are published quarterly by HMRC. The latest publication is available at the following address:<br> <br> <a href="https://www.gov.uk/government/statistics/tax-free-childcare-statistics-march-2019" target="_blank">https://www.gov.uk/government/statistics/tax-free-childcare-statistics-march-2019</a><br> <br> In March 2019 there were 313,000 families with an open Tax-Free Childcare account.</p><p> </p><p>In March 2019 there were 125,000 families with a used Tax-Free Childcare account.</p><p> </p><p>Table 3 shows the numbers of open and used accounts for families with a self-employed parent. The proportion of families with a used account that have a self-employed parent in March 2019, was 19,000/125,000 or 15%.</p><p> </p><p>In March 2019, there were 900 disabled children in receipt of Tax-Free Childcare.</p><p> </p><p>The information published in these statistics comprises all months since the policy was launched in April 2017 to March 2019. A further update, including the months April to June 2019, will be published in August.</p><p> </p><p>Since Tax-Free Childcare was launched in April 2017 and up to May 2019, 8,500 accounts have been closed.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 259994 259996 259997 question first answered 10/06/2019 07:49:33 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4125 label Biography information for Catherine McKinnell

1129637

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Joint Authorities Cash Strategy Group
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to his Department's news story of 3 May 2019, Cash here to stay as government commits to protecting access, if he will publish the remit of the Joint Authorities Cash Strategy Group.
tabling member constituency	Rutherglen and Hamilton West
tabling member printed	Ged Killen
uin	260111
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>As part of our response to the Call for Evidence on access to cash, the Government announced that the Treasury would set up and chair the Joint Authorities Cash Strategy (JACS) Group.</p><p> </p><p>The Group brings together the Bank of England, Payments Systems Regulator and Financial Conduct Authority. This was in recognition of the need to ensure joined-up oversight of the UK’s cash infrastructure, in light of the changing behaviours and preferences of consumers and businesses.</p><p> </p><p>The Group will coordinate strategy across members, to ensure that the roles and responsibilities of each regulator remain clear and relevant, and that the effects of regulatory activities are evaluated across the full end-to-end cash system. The Group does not affect the statutory responsibilities of individual regulators.</p><p> </p><p>The Group is up and running and further details of its activities will be announced in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 260112 260113 question first answered 10/06/2019 11:14:22 answering member 4051 label Biography information for John Glen
tabling member	4672 label Biography information for Ged Killen

1129638

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Joint Authorities Cash Strategy Group
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to his Department's news story of 3 May 2019, Cash here to stay as government commits to protecting access, if he will publish the schedule of meetings of the Joint Authorities Cash Strategy Group; and whether minutes will be taken at those meetings.
tabling member constituency	Rutherglen and Hamilton West
tabling member printed	Ged Killen
uin	260112
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>As part of our response to the Call for Evidence on access to cash, the Government announced that the Treasury would set up and chair the Joint Authorities Cash Strategy (JACS) Group.</p><p> </p><p>The Group brings together the Bank of England, Payments Systems Regulator and Financial Conduct Authority. This was in recognition of the need to ensure joined-up oversight of the UK’s cash infrastructure, in light of the changing behaviours and preferences of consumers and businesses.</p><p> </p><p>The Group will coordinate strategy across members, to ensure that the roles and responsibilities of each regulator remain clear and relevant, and that the effects of regulatory activities are evaluated across the full end-to-end cash system. The Group does not affect the statutory responsibilities of individual regulators.</p><p> </p><p>The Group is up and running and further details of its activities will be announced in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 260111 260113 question first answered 10/06/2019 11:14:22 answering member 4051 label Biography information for John Glen
tabling member	4672 label Biography information for Ged Killen

1129639

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Joint Authorities Cash Strategy Group
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if his Department will publish in full any recommendations produced by the Joint Authorities Cash Strategy Group.
tabling member constituency	Rutherglen and Hamilton West
tabling member printed	Ged Killen
uin	260113
answer	answer is ministerial correction date of answer 10/06/2019 answer text <p>As part of our response to the Call for Evidence on access to cash, the Government announced that the Treasury would set up and chair the Joint Authorities Cash Strategy (JACS) Group.</p><p> </p><p>The Group brings together the Bank of England, Payments Systems Regulator and Financial Conduct Authority. This was in recognition of the need to ensure joined-up oversight of the UK’s cash infrastructure, in light of the changing behaviours and preferences of consumers and businesses.</p><p> </p><p>The Group will coordinate strategy across members, to ensure that the roles and responsibilities of each regulator remain clear and relevant, and that the effects of regulatory activities are evaluated across the full end-to-end cash system. The Group does not affect the statutory responsibilities of individual regulators.</p><p> </p><p>The Group is up and running and further details of its activities will be announced in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 260111 260112 question first answered 10/06/2019 11:14:22 answering member 4051 label Biography information for John Glen
tabling member	4672 label Biography information for Ged Killen

1129706

registered interest
date	04/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Railways: Franchises
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what role his Department has in assessing the awarding of rail franchise tenders.
tabling member constituency	Stockton North
tabling member printed	Alex Cunningham
uin	259990
answer	answer is ministerial correction date of answer 06/06/2019 answer text <p>HM Treasury approval is sought at interim stages of rail franchise competitions to provide the necessary assurances that any award remains affordable and value for money.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 06/06/2019 14:12:31 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4122 label Biography information for Alex Cunningham