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To ask the Secretary of State for the Home Department, if he will take steps with Cabinet colleagues to support people from Hong Kong with British National (Overseas) visas to apply for British citizenship to help ensure they are able to access pensions managed by (a) HSBC and (b) other...
To ask the Secretary of State for the Home Department, if he will take steps with Cabinet colleagues to support people from Hong Kong with British National (Overseas) visas to apply for British citizenship to help ensure they are able to access pensions managed by (a) HSBC and (b) other...
It has not proved possible to respond to the hon. Member in the time available before Prorogation.
I am pleased to draw this debate to a close by thanking the Minister and the Opposition for their support, and in particular with regard to setting the date for the commencement of legislation. In that context, I also thank my right hon. Friend the Member for Suffolk Coastal (Dr...
I am pleased to draw this debate to a close by thanking the Minister and the Opposition for their support, and in particular with regard to setting the date for the commencement of legislation. In that context, I also thank my right hon. Friend the Member for Suffolk Coastal (Dr...
I, too, congratulate the hon. Member for Tewkesbury (Mr Robertson) on bringing this Bill before the House on Report and Third Reading. As we have heard, the Bill seeks to ensure that there is financial support for terminally ill people who have seen the sponsors of their pension schemes become...
I, too, congratulate the hon. Member for Tewkesbury (Mr Robertson) on bringing this Bill before the House on Report and Third Reading. As we have heard, the Bill seeks to ensure that there is financial support for terminally ill people who have seen the sponsors of their pension schemes become...
I thank my right hon. Friend the Member for Suffolk Coastal (Dr Coffey) for tabling her amendments and for discussing them with me over the last few days. We have worked to try to ensure that the best outcome is found. She makes the point that when there is a...
I thank my right hon. Friend the Member for Suffolk Coastal (Dr Coffey) for tabling her amendments and for discussing them with me over the last few days. We have worked to try to ensure that the best outcome is found. She makes the point that when there is a...
I beg to move, That the Bill be now read the Third time.
I am pleased that the Bill’s passage through the House has been relatively smooth, so I thank the Government and indeed the Opposition for their support. Although the Bill’s scope is narrow, it will provide
financial assurance to those...
I beg to move, That the Bill be now read the Third time.
I am pleased that the Bill’s passage through the House has been relatively smooth, so I thank the Government and indeed the Opposition for their support. Although the Bill’s scope is narrow, it will provide
financial assurance to those...
It is a pleasure to support my hon. Friend in this important change. I commend him on the detail in his speech, which he also displayed in the Bill Committee, on which I was happy to serve. The Bill recognises that regulations have moved on. Back in 2022, the Government,...
It is a pleasure to support my hon. Friend in this important change. I commend him on the detail in his speech, which he also displayed in the Bill Committee, on which I was happy to serve. The Bill recognises that regulations have moved on. Back in 2022, the Government,...
I rise just to seek some reassurance on the amendments. I am not at all against them in principle—when I read them on the amendment paper, I could understand what the right hon. Member for Suffolk Coastal (Dr Coffey) was attempting to do and exactly why—but it strikes me that...
I rise just to seek some reassurance on the amendments. I am not at all against them in principle—when I read them on the amendment paper, I could understand what the right hon. Member for Suffolk Coastal (Dr Coffey) was attempting to do and exactly why—but it strikes me that...
I wish to begin also by thanking the hon. Member for Tewkesbury (Mr Robertson) for introducing this important Bill. It is a pleasure to speak on Third Reading.
Pensions offer individuals peace of mind, knowing that they have a dependable source of income after years of dedicated hard work. As well...
I wish to begin also by thanking the hon. Member for Tewkesbury (Mr Robertson) for introducing this important Bill. It is a pleasure to speak on Third Reading.
Pensions offer individuals peace of mind, knowing that they have a dependable source of income after years of dedicated hard work. As well...
I am very grateful to my hon. Friend the Member for Tewkesbury (Mr Robertson) for bringing this important legislation to the House and for the way he has successfully navigated it to this stage. I thank him for his important speech and insights on why the Bill matters, matched equally...
I am very grateful to my hon. Friend the Member for Tewkesbury (Mr Robertson) for bringing this important legislation to the House and for the way he has successfully navigated it to this stage. I thank him for his important speech and insights on why the Bill matters, matched equally...
Report stage. Amendments 1 to 6 discussed and agreed to. Third reading. Agreed to on question. Bill passed.
Report stage. Amendments 1 to 6 discussed and agreed to. Third reading. Agreed to on question. Bill passed.
I am grateful to my hon. Friend the Member for Tewkesbury (Mr Robertson) and to the Government and the Department for Work and Pensions. I have tabled these amendments because, as has been seen with other Bills to which we have given Third Reading, they concern the timing of when...
I am grateful to my hon. Friend the Member for Tewkesbury (Mr Robertson) and to the Government and the Department for Work and Pensions. I have tabled these amendments because, as has been seen with other Bills to which we have given Third Reading, they concern the timing of when...
I thank my right hon. Friend the Member for Suffolk Coastal (Dr Coffey) for her considered amendments, and for the reasoned arguments behind them. I know that she has been engaging extensively with our excellent officials at the DWP, whom she knows extremely well.
The hon. Member for Wallasey (Dame Angela...
I thank my right hon. Friend the Member for Suffolk Coastal (Dr Coffey) for her considered amendments, and for the reasoned arguments behind them. I know that she has been engaging extensively with our excellent officials at the DWP, whom she knows extremely well.
The hon. Member for Wallasey (Dame Angela...
I beg to move amendment 1, page 1, line 22, leave out from “force” to end of line 23 and insert—
“at the end of the period of four months beginning with the day on which this Act is passed.”
This amendment would bring the provisions of the Bill which extend to...
I beg to move amendment 1, page 1, line 22, leave out from “force” to end of line 23 and insert—
“at the end of the period of four months beginning with the day on which this Act is passed.”
This amendment would bring the provisions of the Bill which extend to...
To ask His Majesty's Government what is their long-term strategy to preserve the UK television and film industry and provide employment security for its workers; and what consideration they have given to a freelancer pension scheme or fund, similar to the French model.
To ask His Majesty's Government what is their long-term strategy to preserve the UK television and film industry and provide employment security for its workers; and what consideration they have given to a freelancer pension scheme or fund, similar to the French model.
His Majesty’s Government has a clear plan to grow the creative industries by a further £50 billion and another 1 million jobs by 2030. This was set out in June 2023 in the Creative Industries Sector Vision, which was accompanied by £77 million of new funding to support the sector’s growth. This is in addition to the range of tax reliefs for the creative industries which have been introduced or expanded since 2010, including for film and television.
HM Government is already taking steps to ensure a strong, skilled and resilient workforce for the film and television sector – as well as the creative industries more broadly – across the UK. The Creative Industries Sector Vision set out that by 2030 we want to deliver on our creative careers promise to build a pipeline of talent into the sector, and to support the creation of a million extra jobs. The Sector Vision includes a long-term strategy to improve the quality of jobs and working practices in the sector, including supporting the high proportion of self-employed workers in the sector through the promotion of fair treatment, support networks, and resources (for example through Creative UK’s ‘Redesigning Freelancing’ initiative).
HM Government also welcomes the steps that our public service broadcasters have taken to support self-employed workers. This includes the support announced by Channel 4 and the BBC in August, in partnership with the National Film and Television School.
DCMS and the industry have also committed to produce an action plan in response to the Creative Industries Policy and Evidence Centre’s Good Work Review; these actions include the recent launch of the British Film Institute’s £1.5 million Good Work Programme for screen. HM Government will continue to work with the BFI and the Screen Sector Skills Task Force to support a strong skills pipeline into the sector.
On pensions, the new State Pension supports self-employed freelancers as comprehensively as employed people. The new State Pension, introduced in 2016, means that self-employed people can receive a State Pension which is around £2,700 a year higher than it would have been in the previous system. The self-employed are a highly diverse group with varying incomes, assets, and employment experiences. The Department for Work & Pensions has undertaken an initial research and trial programme to test different approaches aimed at increasing private pension-saving. It is currently working with research partners, including looking at international evidence, to explore the feasibility of building and testing retirement savings solutions in digital platforms used by self-employed people to manage their money.
To ask the Secretary of State for Work and Pensions, what steps his Department is taking to help support people to save for a private pension.
To ask the Secretary of State for Work and Pensions, what steps his Department is taking to help support people to save for a private pension.
Automatic Enrolment (AE) has transformed participation in workplace pension saving. More than 11 million workers have been automatically enrolled into workplace pensions to date, with the participation rate of eligible employees in the private sector increasing from 42% in 2012 to 86% in 2022. Over £115bn was saved into workplace pensions for eligible individuals in 2022.
Expanding AE to younger people and helping all eligible workers save from the first pound of earnings will boost overall saving levels, once fully implemented, by an extra £2 billion a year in pension contributions.
The Pensions (Extension of Automatic Enrolment) Act 2023 provides the necessary powers to deliver the expansion of AE.
We are committed to implementing these measures in the mid-2020s. We intend to carry out a consultation on the detailed implementation at the right time. We will report to Parliament before using the powers in the Act.
To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 15 April 2024 to Question 20581 on Pensions: Consumer Information, what steps he plans to take to report progress towards the Dashboards Available Point to (a) Parliament and (b) other key stakeholders.
To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 15 April 2024 to Question 20581 on Pensions: Consumer Information, what steps he plans to take to report progress towards the Dashboards Available Point to (a) Parliament and (b) other key stakeholders.
Before a specific date for the Dashboards Available Point can be determined, the Secretary of State for Work and Pensions must first have regard to a number of relevant matters, including sufficient level of coverage, assurance of the safety, security and reliability of the service and testing of the user experience. Once satisfied that the dashboards ecosystem is ready to support widespread use of pensions dashboard services by the general public, following consultation with the Money and Pensions Service, The Pensions Regulator and the Financial Conduct Authority, the Secretary of State will then issue a notice at least six months in advance of the launch of pensions dashboard services.
Officials in my department are working closely with key delivery partners to refine these relevant matters which includes recognition of keeping Parliament and the wider pensions industry informed of reporting progress towards the Dashboards Available Point. This is in line with our commitment of working closely with industry on successfully launching pensions dashboard services safely and securely at the earliest opportunity.