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45386
star this property registered interest false more like this
star this property date less than 2014-03-26more like thismore than 2014-03-26
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
star this property answering dept sort name Work and Pensions more like this
unstar 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 Work and Pensions, what assessment he has made of the effect of the planned changes to pensions on opt-out rates of auto enrolment. more like this
star this property tabling member constituency Cumbernauld, Kilsyth and Kirkintilloch East more like this
star this property tabling member printed
Gregg McClymont remove filter
star this property uin 193948 remove filter
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2014-04-01more like thismore than 2014-04-01
star this property answer text <p /> <p /> <p>The Budget announced that from April 2015, the tax rules for how people access their defined contribution pension savings will be simplified to allow individuals aged 55 or over to withdraw their savings however they wish, subject to their marginal rate of income tax.</p><p> </p><p>Allowing individuals to exercise greater choice over how they access their retirement savings may mean that some people who would have previously chosen to opt out may no longer do so. This is more likely to have an effect on the choices of older workers.</p> more like this
star this property answering member constituency Thornbury and Yate more like this
unstar this property answering member printed Steve Webb more like this
star this property question first answered
less than 2014-04-01T12:00:00.00Zmore like thismore than 2014-04-01T12:00:00.00Z
star this property answering member
220
star this property label Biography information for Steve Webb more like this
star this property tabling member
3949
star this property label Biography information for Gregg McClymont more like this