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451455
registered interest true more like this
date less than 2016-02-09more like thismore than 2016-02-09
answering body
Department for Communities and Local Government more like this
answering dept id 7 more like this
answering dept short name Communities and Local Government more like this
answering dept sort name Communities and Local Government more like this
hansard heading Local Government: 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 Communities and Local Government, what steps he has taken to ensure the powers of intervention over Local Government Pension Scheme funds' non-financial investment policies do not conflict with (a) Article 18 of EU Directive 41/2003 and (b) Occupational Pension Scheme Investment Regulations 2005. more like this
tabling member constituency Blaydon more like this
tabling member printed
Mr David Anderson more like this
uin 26432 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-02-16more like thismore than 2016-02-16
answer text <p>The Department is currently consulting on proposals to amend the scheme’s investment regulations to allow the Secretary of State to make a proportionate intervention in the investment function of an administering authority if it has not had regard to best practice, guidance or regulations. The consultation was published on the basis that the scheme is consistent with the way in which Directive 41/2003 on the Institutions for Occupational Retirement Provision Directive was transposed into national law, including the Occupational Pension Scheme (Investment) Regulations 2005. The consultation closes on 19 February.</p><p><br></p> more like this
answering member constituency Nuneaton more like this
answering member printed Mr Marcus Jones more like this
question first answered
less than 2016-02-16T13:21:50.047Zmore like thismore than 2016-02-16T13:21:50.047Z
answering member
4024
label Biography information for Mr Marcus Jones more like this
tabling member
1486
label Biography information for Mr David Anderson more like this