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1126866
registered interest false more like this
date remove maximum value filtermore like thismore than 2019-05-15
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: Consumer Information 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, how much funding (a) has been and (b) is planned to be allocated to the Money and Pensions Service for the delivery of pensions dashboards in (i) 2019-20 and (ii) each of the three subsequent years from (A) the financial services levy on FCA-regulated firms, (B) the general levy on pension schemes and (C) general taxation. more like this
tabling member constituency East Renfrewshire more like this
tabling member printed
Paul Masterton more like this
uin 254866 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-24more like thismore than 2019-05-24
answer text <p>Pensions dashboard are a priority of this Government. The Government is committed to ensuring that the Money and Pensions Service has the funding necessary to develop the non-commercial dashboard and to work with industry, through the Industry Delivery Group (IDG), to develop the dashboard architecture.</p><p> </p><p>The Money and Pensions Service has £8.2m funding for 2019/20 to begin development of the non-commercial dashboard and the dashboard architecture. This funding consists of:</p><ul><li>£1.2m from the Department’s Autumn Budget 2018 settlement to cover the initial set up costs for the Industry Delivery Group.</li><li>£4.7m from the pensions guidance element of the Financial Services Levy.</li><li>£2.3m from the General Pensions Levy.</li></ul><p> </p><p>We will continue to work with the Money and Pensions Service to understand the future development and ongoing maintenance costs over future years, including over the next three years to ensure sufficient funding is allocated from the levies.</p>
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
grouped question UIN 254867 more like this
question first answered
less than 2019-05-24T08:35:53.04Zmore like thismore than 2019-05-24T08:35:53.04Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4625
label Biography information for Paul Masterton more like this
1126868
registered interest false more like this
date remove maximum value filtermore like thismore than 2019-05-15
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: Consumer Information 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, how funding for the Money and Pension Service for delivery of pensions dashboards will be allocated between (a) the delivery of a non-commercial dashboard hosted by the Money and Pensions Service and (b) the Industry Delivery group for implementation of the wider project. more like this
tabling member constituency East Renfrewshire more like this
tabling member printed
Paul Masterton more like this
uin 254867 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-24more like thismore than 2019-05-24
answer text <p>Pensions dashboard are a priority of this Government. The Government is committed to ensuring that the Money and Pensions Service has the funding necessary to develop the non-commercial dashboard and to work with industry, through the Industry Delivery Group (IDG), to develop the dashboard architecture.</p><p> </p><p>The Money and Pensions Service has £8.2m funding for 2019/20 to begin development of the non-commercial dashboard and the dashboard architecture. This funding consists of:</p><ul><li>£1.2m from the Department’s Autumn Budget 2018 settlement to cover the initial set up costs for the Industry Delivery Group.</li><li>£4.7m from the pensions guidance element of the Financial Services Levy.</li><li>£2.3m from the General Pensions Levy.</li></ul><p> </p><p>We will continue to work with the Money and Pensions Service to understand the future development and ongoing maintenance costs over future years, including over the next three years to ensure sufficient funding is allocated from the levies.</p>
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
grouped question UIN 254866 more like this
question first answered
less than 2019-05-24T08:35:53.087Zmore like thismore than 2019-05-24T08:35:53.087Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4625
label Biography information for Paul Masterton more like this
1109767
registered interest false more like this
date less than 2019-04-04more like thismore than 2019-04-04
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: Consumer Information 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, what recent estimate his Department has made of the cost to the public purse of delivering the online pensions dashboard; and what the timescale is for that delivery. more like this
tabling member constituency Newcastle-under-Lyme more like this
tabling member printed
Paul Farrelly more like this
uin 240970 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-04-09more like thismore than 2019-04-09
answer text <p>Pensions dashboards are a digital democratiser – they will open up pensions to millions - providing an easy-to-access online view of a saver's pensions.</p><p> </p><p>Government’s work on dashboards builds upon the Pensions Dashboard Prototype Project, managed by the Association of British Insurers (ABI) with the involvement of 17 pensions firms. We believe that, in the long term, as they develop to become more sophisticated, pensions dashboards could, as a minimum and as set out in our consultation response, help to achieve the following objectives:</p><p> </p><p>- increase individual awareness,</p><p>- build individual control,</p><p>- increase engagement,</p><p>- support the guidance process,</p><p>- reconnect individuals with lost pension pots</p><p>- and enable more informed user choices.</p><p> </p><p>A key priority for 2019 is for the Money and Pensions Service to establish the industry delivery group, and we also expect to see industry creating and testing dashboards this year. Government is committed to compelling pension schemes to make consumers’ data available to them through their chosen dashboard. Schemes need to start getting ready now, particularly in terms of preparing data. Pension schemes should be ready to provide consumer’s information to them via dashboards within a three to four years window.</p><p> </p><p>A copy of the consultation with details on next steps, legislation and timelines can be found here: <a href="https://www.gov.uk/government/consultations/pensions-dashboards-feasibility-report-and-consultation" target="_blank">https://www.gov.uk/government/consultations/pensions-dashboards-feasibility-report-and-consultation</a></p><p> </p><p>There is a role for government in facilitating industry's delivery of dashboards which work for consumers and put people in control of their data. That’s why, at the Autumn Budget 2018, the Chancellor allocated £3.35 million worth of funding for 2019/20 to support this endeavour.</p><p> </p><p>In addition, the government’s response to the consultation on pensions dashboards stated that the Money and Pensions Service will draw on the Financial Services Levy and the General Levy on pension schemes to fund the non-commercial dashboard and the dashboard architecture. This levy is paid for by pension schemes. Additionally, there have been associated usual staff running costs for the department relating to the development of the policy.</p>
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
question first answered
less than 2019-04-09T16:09:53.657Zmore like thismore than 2019-04-09T16:09:53.657Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
1436
label Biography information for Paul Farrelly more like this
1022844
registered interest false more like this
date less than 2018-12-10more like thismore than 2018-12-10
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: Consumer Information remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what plans they have to ensure that pension data is accurate and reliable before it is loaded onto a Pensions Dashboard. more like this
tabling member printed
Baroness Altmann more like this
uin HL12122 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-12-18more like thismore than 2018-12-18
answer text <p>The Pensions Dashboard feasibility study was published on the 3 of December and can be found attached. The consultation runs to January 2019 and all interested parties are invited to respond.</p><p> </p><p>All pension providers have a responsibility to maintain high quality member data. Any activity to maintain or improve data quality will need to be progressed by providers before their data can be used on dashboards. There is already a significant amount of on-going work among providers of different types of schemes, in many cases working with The Pensions Regulator, to improve data quality.</p><p> </p><p>The proposed industry delivery group will work with providers and schemes, including with the regulators where necessary, to set data standards and ensure that work takes place to meet these.</p><p> </p> more like this
answering member printed Baroness Buscombe more like this
question first answered
less than 2018-12-18T16:45:57.43Zmore like thismore than 2018-12-18T16:45:57.43Z
answering member
3349
label Biography information for Baroness Buscombe more like this
attachment
1
file name Pensions Dashboards_web_Accessible.pdf more like this
title Pensions Dashboard Feasibility study more like this
tabling member
4533
label Biography information for Baroness Altmann more like this
1002137
registered interest false more like this
date less than 2018-11-05more like thismore than 2018-11-05
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: Consumer Information 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, what progress her Department has made on proposed verification and security measures for individual users of the proposed Pensions Dashboard. more like this
tabling member constituency Blaenau Gwent more like this
tabling member printed
Nick Smith more like this
uin 188089 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-12more like thismore than 2018-11-12
answer text <p>On Tuesday 4 September 2018, I published a written statement providing an update on pensions including the pensions dashboard. This statement can be found here: <a href="https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-09-04/HCWS933/" target="_blank">https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-09-04/HCWS933/</a></p><p><strong> </strong></p><p>An industry-led Dashboard, facilitated by Government, will harness the best of industry innovation. We will continue to engage with industry, consumer groups and other stakeholders on this model and Government will protect pension savers and personal information by legislating where necessary.</p> more like this
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-12T12:45:41.06Zmore like thismore than 2018-11-12T12:45:41.06Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
3928
label Biography information for Nick Smith more like this
1002138
registered interest false more like this
date less than 2018-11-05more like thismore than 2018-11-05
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: Consumer Information 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 the participation of pension schemes in the Pensions Dashboard will be compulsory. more like this
tabling member constituency Blaenau Gwent more like this
tabling member printed
Nick Smith more like this
uin 188090 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-12more like thismore than 2018-11-12
answer text <p>As set out in the Autumn Budget, DWP will consult on the detailed design for pensions dashboards, and on how an industry-led approach could harness innovation while protecting consumers. As part of the consultation, due to be published shortly, the Department will explore how to maximise the participation of pension schemes.</p> more like this
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-12T12:44:09.55Zmore like thismore than 2018-11-12T12:44:09.55Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
3928
label Biography information for Nick Smith more like this
999645
registered interest false more like this
date less than 2018-11-01more like thismore than 2018-11-01
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: Consumer Information 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, what plans her Department has to consult on proposals for mandatory participation in pensions dashboards by pension providers. more like this
tabling member constituency Torfaen more like this
tabling member printed
Nick Thomas-Symonds more like this
uin 187095 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-08more like thismore than 2018-11-08
answer text <p>As set out in the Autumn Budget, The DWP will consult on the detailed design for pensions dashboards, and on how an industry-led approach could harness innovation while protecting consumers. As part of the consultation, due to be published shortly, the DWP will explore how to maximise the participation of pension schemes.</p><p> </p> more like this
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-08T12:43:32.237Zmore like thismore than 2018-11-08T12:43:32.237Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4479
label Biography information for Nick Thomas-Symonds more like this
999151
registered interest false more like this
date less than 2018-10-31more like thismore than 2018-10-31
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: Consumer Information 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, when she plans to (a) launch and (b) respond to the proposed consultation on the pensions dashboard. more like this
tabling member constituency Vale of Clwyd more like this
tabling member printed
Chris Ruane more like this
uin 186448 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-05more like thismore than 2018-11-05
answer text <p>As set out in the Autumn Budget, DWP will consult on the detailed design for pensions dashboards, and on how an industry-led approach could harness innovation while protecting consumers.</p><p> </p><p>This consultation will be published shortly. The government will then respond.</p> more like this
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
question first answered
less than 2018-11-05T15:21:40.697Zmore like thismore than 2018-11-05T15:21:40.697Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
534
label Biography information for Chris Ruane more like this
997255
registered interest false more like this
date less than 2018-10-29more like thismore than 2018-10-29
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: Consumer Information 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, what steps she is taking to ensure that private pensions are accessible through the pensions dashboard. more like this
tabling member constituency Pontypridd more like this
tabling member printed
Owen Smith more like this
uin 185015 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-01more like thismore than 2018-11-01
answer text <p>Private Pensions information will be available through dashboards. Delivery of these will be led by industry and facilitated by government. We will set out and consult on our proposed approach to delivery, including how to maximise private pension schemes participation in the dashboard in our feasibility report, which will be published shortly.</p><p><strong> </strong></p><p>People can already access the online ‘Check your State Pension’ service through GOV.UK to get a forecast of their State Pension. This includes information about how they may be able to improve the amount of State Pension they are entitled to, as well as providing a view of their National Insurance contribution record. Check Your State Pension service has provided more than ten million online estimates since its introduction in 2016.</p> more like this
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
grouped question UIN 185016 more like this
question first answered
less than 2018-11-01T15:42:44.863Zmore like thismore than 2018-11-01T15:42:44.863Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4042
label Biography information for Owen Smith more like this
997256
registered interest false more like this
date less than 2018-10-29more like thismore than 2018-10-29
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: Consumer Information 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, if she will take steps to ensure that State Pension information is accessible through the pensions dashboard to enable (a) pensioners and (b) people approaching retirement age to make informed decisions. more like this
tabling member constituency Pontypridd more like this
tabling member printed
Owen Smith more like this
uin 185016 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-01more like thismore than 2018-11-01
answer text <p>Private Pensions information will be available through dashboards. Delivery of these will be led by industry and facilitated by government. We will set out and consult on our proposed approach to delivery, including how to maximise private pension schemes participation in the dashboard in our feasibility report, which will be published shortly.</p><p><strong> </strong></p><p>People can already access the online ‘Check your State Pension’ service through GOV.UK to get a forecast of their State Pension. This includes information about how they may be able to improve the amount of State Pension they are entitled to, as well as providing a view of their National Insurance contribution record. Check Your State Pension service has provided more than ten million online estimates since its introduction in 2016.</p> more like this
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
grouped question UIN 185015 more like this
question first answered
less than 2018-11-01T15:42:44.927Zmore like thismore than 2018-11-01T15:42:44.927Z
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4042
label Biography information for Owen Smith more like this