Written question asked by Lord Myners (Crossbench) on Wednesday, 9 May 2018, in the House of Lords. It was due for an answer on Wednesday, 23 May 2018. It was answered by Lord Bates (Conservative) on Monday, 21 May 2018 on behalf of the Treasury.
Insurance Companies
- Question
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To ask Her Majesty's Government what plans they have to review the capital requirements of insurance companies and review governance arrangements to ensure that they can compete on an equal footing with pensions superfunds.
- Answer
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Her Majestyâs Government announced in the Department for Work & Pensionâs recent White Paper ("Protecting Defined Benefit Pension Schemes") that it will consult later this year on an authorisation regime for âsuperfundsâ. Her Majestyâs Government is in regular discussions with the relevant regulators and with industry, and will of course consider any potential impacts from possible changes carefully.
Secondary information
- Type
- Written question
- Reference
- HL7704
- Session
- 2017-19
- Subjects
- Capital Insurance companies Workplace pensions
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-06-28 22:24:37 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL7704
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL7704
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL7704