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228065
unstar this property registered interest false remove filter
star this property date remove filter
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Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Investment more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, what recent steps he has taken to encourage asset owners to do more to engage with investee companies as part of their stewardship duties. more like this
star this property tabling member constituency Cambridge more like this
star this property tabling member printed
Dr Julian Huppert more like this
unstar this property uin 228100 more like this
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answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-03-23more like thismore than 2015-03-23
star this property answer text <p>The Government has taken a variety of significant steps to promote stewardship and engagement on the part of institutional investors. A key focus has been to work closely with the investment industry on initiatives involving both institutional investors and asset managers, acknowledging that while some institutional investors engage directly with companies, many others delegate to asset managers to engage on their behalf.</p><p>Specific achievements include:</p><ul><li>a strengthening of the Stewardship Code to emphasise engagement on companies’ long-term strategy;</li><li>the creation of an Investor Forum to improve the amount and effectiveness of collective engagement by key institutional investors;</li><li>the development, by the National Association of Pension Funds, of a new Stewardship Disclosure Framework to encourage asset managers to report on their activities and to enable investors to hold them to account.</li></ul><p> </p><p>The Government has comprehensively reformed the legislative framework for corporate reporting to boost transparency on company directors’ remuneration and ensure annual reports are more focused on long-term company strategy. In this way we are encouraging companies to report the information which is relevant to long-term stewardship investors.</p><p>The Law Commission’s report on the fiduciary duties of investment intermediaries, commissioned by the Government, concluded that fiduciary investors such as pension scheme trustees should consider whether and how to engage with companies to promote their long-term success, either directly or through their investment managers. The Government is now taking forward the Law Commission’s recommendations in a number of areas, including by consulting currently on whether the Occupational Pension Schemes (Investment) Regulations 2005 should be amended to require trustees to state their policy on stewardship with reference to the Stewardship Code.</p><p>This work has been part of a broader commitment – in response to the Kay Review of equity markets - to address the longstanding concern that short-termism has impeded the creation of sustainable value by British companies. The Government published a comprehensive progress report on the implementation of the Review in October 2014. This is available online at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/367070/bis-14-1157-implementation-of-the-kay-review-progress-report.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/367070/bis-14-1157-implementation-of-the-kay-review-progress-report.pdf</a></p><p>The Government is now undertaking further work in a number of areas, including:</p><ul><li>supporting the work of the Financial Reporting Council to monitor how signatories to the Stewardship Code are delivering against their commitment;</li><li>supporting the work of the Association of Member Nominated Trustees (AMNT) to develop “Red Line Voting” – an initiative which will enable pension schemes and other investors to adopt common voting positions on a range of governance issues; and research to examine how shares are held by institutional and individual investors – to provide an insight into how the Government can encourage greater investment engagement.</li></ul>
star this property answering member constituency East Dunbartonshire more like this
star this property answering member printed Jo Swinson remove filter
star this property question first answered
less than 2015-03-23T14:41:50.49Zmore like thismore than 2015-03-23T14:41:50.49Z
star this property answering member
1513
unstar this property label Biography information for Jo Swinson more like this
star this property tabling member
3931
star this property label Biography information for Dr Julian Huppert more like this
228072
unstar this property registered interest false remove filter
star this property date remove filter
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Ouija Boards more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, if he will bring forward legislative proposals for regulating the sale of ouija boards. more like this
star this property tabling member constituency East Londonderry more like this
star this property tabling member printed
Mr Gregory Campbell more like this
unstar this property uin 228164 more like this
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answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-03-23more like thismore than 2015-03-23
star this property answer text <p>The Government has no plans to regulate the sale of Ouija boards.</p> more like this
star this property answering member constituency East Dunbartonshire more like this
star this property answering member printed Jo Swinson remove filter
star this property question first answered
less than 2015-03-23T14:43:25.27Zmore like thismore than 2015-03-23T14:43:25.27Z
star this property answering member
1513
unstar this property label Biography information for Jo Swinson more like this
star this property tabling member
1409
star this property label Biography information for Mr Gregory Campbell more like this
228261
unstar this property registered interest false remove filter
star this property date remove filter
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Employment Agency Standards Inspectorate more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, whether he plans to increase the resources and staffing available to the Employment Agency Standards Inspectorate; and if he will make a statement. more like this
star this property tabling member constituency Sheffield Central more like this
star this property tabling member printed
Paul Blomfield more like this
unstar this property uin 228233 more like this
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answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-03-23more like thismore than 2015-03-23
star this property answer text <p>The Employment Agency Standards Inspectorate (EAS) enforce the Employment Agencies Act 1973 and the Conduct of Employment Agencies and Employment Businesses Regulations 2003 (both as amended).</p><p>We have doubled EAS resource this financial year and will increase resource again for the financial year 2015/16. This additional resource is being used for targeted enforcement in high risk areas in order to protect the most vulnerable agency workers.</p><p>In February, EAS inspectors led a targeted enforcement operation in the Sheffield area. They were accompanied by officers from Her Majesty’s Revenue and Customs (HMRC’s) National Minimum Wage (NMW) team and, on some visits, by the Pensions Regulator.</p><p>During the inspections of 15 employment businesses, EAS identified 32 potential breaches of the Conduct Regulations, as well as a potential breach of the Employment Agencies Act. Where breaches were identified, warning letters were issued and the agencies were required to change practices and demonstrate compliance or face further enforcement action.</p>
star this property answering member constituency East Dunbartonshire more like this
star this property answering member printed Jo Swinson remove filter
star this property question first answered
less than 2015-03-23T14:44:45.293Zmore like thismore than 2015-03-23T14:44:45.293Z
star this property answering member
1513
unstar this property label Biography information for Jo Swinson more like this
star this property tabling member
4058
star this property label Biography information for Paul Blomfield more like this
228064
unstar this property registered interest false remove filter
star this property date remove filter
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading Fire Prevention: Furniture more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, pursuant to the contribution of the Parliamentary Under-Secretary of State for Business, Innovation and Skills of 25 November 2014, Official Report, column 257WH, what progress he has made on reviewing proposals to amend the Furniture and Furnishing (Fire) (Safety) Regulations 1988. more like this
star this property tabling member constituency Pendle more like this
star this property tabling member printed
Andrew Stephenson more like this
unstar this property uin 228089 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-03-26more like thismore than 2015-03-26
star this property answer text <p /> <p>The Department for Business, Innovation and Skills has been carefully analysing the responses to the consultation on the proposed amendments to certain test schedules in the Furniture and Furnishings (Fire) (Safety) Regulations 1988. The Government response to this consultation was published on 25 March 2015 and can be accessed at <a href="http://www.gov.uk/government/consultations/furniture-fire-safety-regulations-proposed-amendments" target="_blank">www.gov.uk/government/consultations/furniture-fire-safety-regulations-proposed-amendments</a>.</p> more like this
star this property answering member constituency East Dunbartonshire more like this
star this property answering member printed Jo Swinson remove filter
star this property question first answered
less than 2015-03-26T13:11:46.423Zmore like thismore than 2015-03-26T13:11:46.423Z
star this property answering member
1513
unstar this property label Biography information for Jo Swinson more like this
star this property tabling member
4044
star this property label Biography information for Andrew Stephenson more like this