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1584901
registered interest false more like this
date less than 2023-02-07more like thismore than 2023-02-07
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: Self-employed 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, whether he plans to hold a consultation on extending the automatic pension scheme enrolment of people who are self-employed. more like this
tabling member constituency East Londonderry remove filter
tabling member printed
Mr Gregory Campbell more like this
uin 141351 more like this
answer
answer
is ministerial correction false remove filter
date of answer less than 2023-02-20more like thismore than 2023-02-20
answer text <p>The Department’s 2017 Review confirmed that the Automatic Enrolment (AE) framework cannot be straightforwardly extended to people who are self-employed, as by definition there is no employer to enrol them into a scheme; select a scheme or make contributions.</p><p> </p><p>We remain committed to enabling self-employed people to achieve greater financial security in later life. Finding effective and enduring solutions is a long-term challenge given the highly diverse nature of this group, with varying incomes, assets, and employment experiences.</p><p> </p><p>The learnings from the recent trialling and research programme delivered through Nest Insight have provided a useful platform to move forward, helping us to build the evidence base. We are working with software providers to explore the feasibility of building and testing retirement savings solutions in digital platforms, such as accountancy software and payment platforms, used by self-employed people to manage their money.</p> more like this
answering member constituency Sevenoaks more like this
answering member printed Laura Trott more like this
question first answered
less than 2023-02-20T15:20:07.173Zmore like thismore than 2023-02-20T15:20:07.173Z
answering member
4780
label Biography information for Laura Trott more like this
tabling member
1409
label Biography information for Mr Gregory Campbell remove filter