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1015031

registered interest
date	26/11/2018
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Housing, Communities and Local Government, whether the draft Occupational and Personal Pension Schemes (Amendment etc.) (EU Exit) Regulations 2018 apply to the Local Government Pension Scheme.
tabling member constituency	Stockton North
tabling member printed	Alex Cunningham
uin	195604
answer	answer is ministerial correction date of answer 29/11/2018 answer text <p>These draft regulations make minor and technical changes to correct any elements of the UK’s occupational and personal pensions legislation that will not work effectively after the UK departs the EU. They will not apply to the Local Government Pension Scheme.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 29/11/2018 15:24:22 answering member 4483 label Biography information for Rishi Sunak
tabling member	4122 label Biography information for Alex Cunningham

1013170

registered interest
date	23/11/2018
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Housing, Communities and Local Government, how the governance arrangements of the Local Government Pension Scheme currently comply with the first Institutions for Occupational Retirement Provision Directive and the new Directive due to be implemented on 13 January 2019; and if he will place all correspondence on those Directives his Department has had with the EU Commission in the Library.
tabling member constituency	Stockton North
tabling member printed	Alex Cunningham
uin	195078
answer	answer is ministerial correction date of answer 28/11/2018 answer text <p>The Government's approach to transposition of the two Institutions for Occupational Retirement Provision Directives for the Local Government Pension Scheme (LGPS) reflects the fact that it is a statutory public service scheme. The appropriate response is therefore different than it is for other, trust-based schemes. Having taken legal advice, our view is that the current governance arrangements of the LGPS, set out in the LGPS Regulations and the broader suite of local authorities' statutory obligations, are sufficient to meet the objectives of the directive. The Department of Work and Pensions has led for the UK Government on negotiation and transposition of the directives with the EU Commission and any request to see correspondence with the Commission should be addressed to them.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 28/11/2018 15:47:28 answering member 4483 label Biography information for Rishi Sunak
tabling member	4122 label Biography information for Alex Cunningham

990431

registered interest
date	18/10/2018
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Housing, Communities and Local Government, with reference to the recent Court of Appeal judgement in the case of the Palestine Solidarity Campaign and Jacqueline Lewis against the Secretary of State for Communities and Local Government, whether the new Institutions for Occupational Retirement Provision Directive will be applied to the local government pension scheme in January 2019.
tabling member constituency	Stockton North
tabling member printed	Alex Cunningham
uin	181285
answer	answer is ministerial correction date of answer 06/11/2018 answer text <p>Following the Government’s success at the Court of Appeal, pending the conclusion of any further legal proceedings, I intend to reinstate the guidance provided to Local Government Pension Scheme administering authorities requiring that they should not pursue investment policies that are contrary to UK foreign policy or UK defence policy.</p><p>Separately, the Directive on the Activities and Supervision of Institutions for Occupational Retirement Provision (IORP II) is due to be implemented by 13 January 2019. We do not feel it is necessary to change the rules of the Local Government Pension Scheme to give effect to it as we consider that its investment rules and governance requirements already comply with the Directive’s objectives.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 06/11/2018 15:48:28 answering member 4483 label Biography information for Rishi Sunak previous answer version 80259 answering member constituency Richmond (Yorks) answering member printed Rishi Sunak answering member 4483 label Biography information for Rishi Sunak
tabling member	4122 label Biography information for Alex Cunningham

850165

registered interest
date	26/02/2018
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Housing, Communities and Local Government, whether his Department has plans to harmonise the actuarial methodology which determines the level of employer pension contributions for local authorities.
tabling member constituency	Cheltenham
tabling member printed	Alex Chalk
uin	129733
answer	answer is ministerial correction date of answer 06/03/2018 answer text <p>Contributions for Local Government Pension Scheme employers are set locally and principally reflect variations in membership and accumulated experience within the fund. The level of employer contributions is for funds to determine based on local actuarial advice.</p><p>The Public Service Pensions Act 2013 provides in section 13 for a review of the triennial local fund valuations, including employer contribution rates, to ensure that they are set at an appropriate level to ensure solvency and long term cost efficiency. The Department has appointed the Government Actuary to carry out the section 13 review following the 2016 valuations and it will be published later this year.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 06/03/2018 13:23:37 answering member 4483 label Biography information for Rishi Sunak
tabling member	4481 label Biography information for Alex Chalk

631760

registered interest
date	08/11/2016
answering body	Department for Communities and Local Government
answering dept id	7
answering dept short name	Communities and Local Government
answering dept sort name	Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Communities and Local Government, what recent estimates he has made of the variations in the performance of local government pension schemes for the beneficiaries of such schemes.
tabling member constituency	Hertford and Stortford
tabling member printed	Mr Mark Prisk
uin	52258
answer	answer is ministerial correction date of answer 14/11/2016 answer text <p>Local government pension scheme benefits are guaranteed by statute and are not directly affected by the performance of individual funds within the scheme.</p><p>The most recent data on the income and expenditure of individual funds, including investment income and investment management expenses, are at:</p><p><a href="https://www.gov.uk/government/statistics/local-government-pension-scheme-funds-for-england-2015-to-2016" target="_blank">https://www.gov.uk/government/statistics/local-government-pension-scheme-funds-for-england-2015-to-2016</a></p><p /><p><br></p> answering member constituency Nuneaton answering member printed Mr Marcus Jones question first answered 14/11/2016 15:01:45 answering member 4024 label Biography information for Mr Marcus Jones
tabling member	1424 label Biography information for Mr Mark Prisk

631083

registered interest
date	07/11/2016
answering body	Department for Communities and Local Government
answering dept id	7
answering dept short name	Communities and Local Government
answering dept sort name	Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Communities and Local Government, what steps his Department has taken to encourage more local government pension schemes to be managed jointly.
tabling member constituency	Hertford and Stortford
tabling member printed	Mr Mark Prisk
uin	51989
answer	answer is ministerial correction date of answer 14/11/2016 answer text <p>The most recent data on local government pension scheme costs are at: <a href="https://www.gov.uk/government/statistics/local-government-pension-scheme-funds-for-england-2015-to-2016" target="_blank">https://www.gov.uk/government/statistics/local-government-pension-scheme-funds-for-england-2015-to-2016</a><br> <br>The Project POOL report prepared for a number of local authorities by Hymans Robertson estimated in January 2016 that annual savings from pooling investments in the scheme could reach £200-300 million in ten years.</p> answering member constituency Nuneaton answering member printed Mr Marcus Jones grouped question UIN 51990 question first answered 14/11/2016 15:09:03 answering member 4024 label Biography information for Mr Marcus Jones
tabling member	1424 label Biography information for Mr Mark Prisk

631084

registered interest
date	07/11/2016
answering body	Department for Communities and Local Government
answering dept id	7
answering dept short name	Communities and Local Government
answering dept sort name	Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Communities and Local Government, what estimate he has made of the administrative costs arising from the separate operation of 99 local government pension schemes.
tabling member constituency	Hertford and Stortford
tabling member printed	Mr Mark Prisk
uin	51990
answer	answer is ministerial correction date of answer 14/11/2016 answer text <p>The most recent data on local government pension scheme costs are at: <a href="https://www.gov.uk/government/statistics/local-government-pension-scheme-funds-for-england-2015-to-2016" target="_blank">https://www.gov.uk/government/statistics/local-government-pension-scheme-funds-for-england-2015-to-2016</a><br> <br>The Project POOL report prepared for a number of local authorities by Hymans Robertson estimated in January 2016 that annual savings from pooling investments in the scheme could reach £200-300 million in ten years.</p> answering member constituency Nuneaton answering member printed Mr Marcus Jones grouped question UIN 51989 question first answered 14/11/2016 15:09:03 answering member 4024 label Biography information for Mr Marcus Jones
tabling member	1424 label Biography information for Mr Mark Prisk

598398

registered interest
date	10/10/2016
answering body	Department for Communities and Local Government
answering dept id	7
answering dept short name	Communities and Local Government
answering dept sort name	Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Communities and Local Government, what recent representations he has received on reform of the Local Government Pensions Scheme; and if he will make a statement.
tabling member constituency	Harrow West
tabling member printed	Gareth Thomas
uin	47874
answer	answer is ministerial correction date of answer 13/10/2016 answer text <p>We have received a large number of recent representations about the power of intervention in the investment regulations currently before the House. Under the new regulations, administering authorities are significantly more responsible and accountable for their investment decisions. They will no longer be constrained by central prescription on how their assets are invested, provided they act reasonably within the framework provided by the regulations and guidance.</p><p>The power of intervention has been included in the regulations as a backstop in order to protect around £200 billion of funds in the local government pension scheme, in the rare circumstances where it might be necessary to do so. As set out in the Government response to consultation the regulations include a number of safeguards, including full consultation with the relevant authority, to ensure that the power is used appropriately and proportionately. We have made clear that the intervention power will be used sparingly and only where fully justified.</p> answering member constituency Nuneaton answering member printed Mr Marcus Jones question first answered 13/10/2016 16:18:04 answering member 4024 label Biography information for Mr Marcus Jones
tabling member	177 label Biography information for Gareth Thomas

581954

registered interest
date	12/09/2016
answering body	Department for Communities and Local Government
answering dept id	7
answering dept short name	Communities and Local Government
answering dept sort name	Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Communities and Local Government, when he plans to publish his Department's response to the consultation on the Local Government Pension Scheme: investment regulations; and what steps he is taking to ensure full parliamentary scrutiny of any resulting proposals.
tabling member constituency	Birmingham, Northfield
tabling member printed	Richard Burden
uin	46065
answer	answer is ministerial correction date of answer 19/09/2016 answer text <p>The government’s response to the consultation will be published in due course.</p><p>The regulations will be made according to the negative resolution procedure as required by the Public Service Pensions Act 2013. The instrument will be scrutinised by the Joint Committee on Statutory Instruments and the Secondary Legislation Scrutiny Committee and may be subject to additional scrutiny in either House in accordance with the procedures applicable to all negative resolution statutory instruments.</p><p> </p> answering member constituency Nuneaton answering member printed Mr Marcus Jones question first answered 19/09/2016 14:16:38 answering member 4024 label Biography information for Mr Marcus Jones previous answer version 11838 answering member constituency Nuneaton answering member printed Mr Marcus Jones answering member 4024 label Biography information for Mr Marcus Jones
tabling member	301 label Biography information for Richard Burden

540972

registered interest
date	20/07/2016
answering body	Department for Communities and Local Government
answering dept id	7
answering dept short name	Communities and Local Government
answering dept sort name	Communities and Local Government
hansard heading	Local Government: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Communities and Local Government, if he will review the powers of local authority pensions schemes to indirectly invest in companies linked with the manufacture of cluster munitions.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	43618
answer	answer is ministerial correction date of answer 05/09/2016 answer text <p>Investment decisions in the local government pension scheme are the responsibility of the 90 designated administering authorities in England and Wales and must be taken on the basis of expert advice and in compliance with the Scheme’s regulatory framework. Since 2000, pension fund authorities have been required to publish a statement of investment principles, including their policy on the extent to which social, environmental or ethical considerations are to be taken into account in the selection, retention and realisation of investments. The regulations also require that each statement is published locally.</p><p>We have no immediate plans to change these existing obligations, but will keep them under review.</p> answering member constituency Nuneaton answering member printed Mr Marcus Jones grouped question UIN 43617 question first answered 05/09/2016 16:13:30 answering member 4024 label Biography information for Mr Marcus Jones
tabling member	308 label Biography information for Mr Jim Cunningham