{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "http://eldaddp.azurewebsites.net/answeredquestions.text?QuestionStatus=Tabled&AnsweringBody.=Treasury&tablingMemberConstituency=Warley", "definition" : "http://eldaddp.azurewebsites.net/meta/answeredquestions.text?QuestionStatus=Tabled&AnsweringBody.=Treasury&tablingMemberConstituency=Warley", "extendedMetadataVersion" : "http://eldaddp.azurewebsites.net/answeredquestions.text?QuestionStatus=Tabled&AnsweringBody.=Treasury&tablingMemberConstituency=Warley&_metadata=all", "first" : "http://eldaddp.azurewebsites.net/answeredquestions.text?_page=0&QuestionStatus=Tabled&AnsweringBody.=Treasury&tablingMemberConstituency=Warley", "hasPart" : "http://eldaddp.azurewebsites.net/answeredquestions.text?QuestionStatus=Tabled&AnsweringBody.=Treasury&tablingMemberConstituency=Warley", "isPartOf" : "http://eldaddp.azurewebsites.net/answeredquestions.text?QuestionStatus=Tabled&AnsweringBody.=Treasury&tablingMemberConstituency=Warley", "items" : [{"_about" : "http://data.parliament.uk/resources/1679392", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1679392/answer", "answerText" : {"_value" : "
In January 2021 the government legislated to bring all pre-paid funeral plan providers and intermediaries within the Financial Conduct Authority\u2019s regulatory remit.<\/p>
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The FCA has extensive experience of both conduct and prudential regulation. As part of its regulation of the sector, the FCA have introduced requirements that ensure that funeral plan providers have sufficient funds to fulfil the funeral plan contracts they have entered into.<\/p>
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This includes rules that require funeral plan providers to:<\/p>
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The Crown Estate operates as an independent commercial business, in line with The Crown Estate Act and the Framework Agreement with HM Treasury. The Crown Estate returns 100% of its net revenue to HM Treasury each year, totally over £3billion in the last decade.<\/p>
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The Crown Estate publishes its revenue performance for each business unit on an annual basis. These accounts are laid in Parliament.<\/p>
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For the financial year 2021/22, The Crown Estate generated £113.3million from its marine business, which includes offshore wind leasing activity alongside other seabed leasing activity. The seabed is a valuable national asset, and through The Crown Estate\u2019s leasing and investment activity appropriate value is being secured to the benefit of the nation.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4519", "label" : {"_value" : "Biography information for James Cartlidge"} } , "answeringMemberConstituency" : {"_value" : "South Suffolk"} , "answeringMemberPrinted" : {"_value" : "James Cartlidge"} , "dateOfAnswer" : {"_value" : "2023-01-16", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-01-16T16:23:03.847Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-01-06", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Wind Power"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, how much revenue accrued to the Crown Estate from offshore wind leases in the last year.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/318", "label" : {"_value" : "Biography information for John Spellar"} } , "tablingMemberConstituency" : {"_value" : "Warley"} , "tablingMemberPrinted" : [{"_value" : "John Spellar"} ], "uin" : "117438"} , {"_about" : "http://data.parliament.uk/resources/1564447", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1564447/answer", "answerText" : {"_value" : "
The Pensions Regulator (TPR) regulates pension schemes, and the Financial Conduct Authority (FCA) regulates UK-based asset managers that manage LDI funds which are often used by pension schemes. The Government welcomes the recent work of the UK regulators to require that LDI funds hold higher levels of resilience, following volatility in gilt markets in 2022. This work has also been welcomed, as a first step, by the Bank of England\u2019s independent Financial Policy Committee (FPC), which is responsible for identifying and addressing systemic risks to improve UK financial stability. The FPC\u2019s December 2022 Financial Stability Report (FSR), and its assessment of the vulnerabilities associated with LDI funds, was an important milestone in the ongoing lessons learned process.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4874", "label" : {"_value" : "Biography information for Andrew Griffith"} } , "answeringMemberConstituency" : {"_value" : "Arundel and South Downs"} , "answeringMemberPrinted" : {"_value" : "Andrew Griffith"} , "dateOfAnswer" : {"_value" : "2023-01-11", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-01-11T15:47:57.31Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-01-06", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Pension Funds: Investment"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what assessment his Department has made of the underlying causes of concerns relating to liability driven investment funds in the pensions industry in 2022; and what lessons his Department has learned about the operation of these funds during this period.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/318", "label" : {"_value" : "Biography information for John Spellar"} } , "tablingMemberConstituency" : {"_value" : "Warley"} , "tablingMemberPrinted" : [{"_value" : "John Spellar"} ], "uin" : "117451"} , {"_about" : "http://data.parliament.uk/resources/1564448", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1564448/answer", "answerText" : {"_value" : "