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Written question asked by Lord Laird (Non-affiliated) on Tuesday, 14 October 2014, in the House of Lords. It was due for an answer on Tuesday, 28 October 2014. It was answered by Lord Deighton (Conservative) on Wednesday, 29 October 2014 on behalf of the Treasury.

Pensions: Northern Ireland

Question

To ask Her Majesty’s Government whether and how the new Freedom and Choice for Pensioners arrangements will apply to Northern Ireland; and whether they have discussed the matter of a legislative consent motion with the Northern Ireland Executive.

Answer

The tax changes necessary to deliver the Freedom and Choice in Pensions agenda are contained in the Taxation of Pensions Bill. The provisions in this Bill will apply across the UK as the relevant tax legislation is not, in the main, a matter over which powers have been devolved.[1] The Pension Schemes Bill is being used to introduce further changes relevant to the Freedom and Choice agenda. Where these do relate to devolved matters in Northern Ireland, the Government is in the process of obtaining the necessary legislative consent motion and approval from the Northern Ireland Assembly.

[1] Explanatory notes for the Taxation of Pensions Bill were published on the Parliament Website. Territorial extent is detailed in paragraph 52 http://www.publications.parliament.uk/pa/bills/cbill/2014-2015/0097/en/15097en.htm

Secondary information

Type
Written question
Reference
HL2100
Session
2014-15
Subjects
Northern Ireland Pensions
Link
View this Written question on www.parliament.uk