1-20 of 43,098 results for subject:Pensions
Librarians' tools
- Search time
- 0.53 seconds
- Solr query time
- 0.047 seconds
- Search query
- subject:Pensions
- We searched for
- subject_t:Pensions OR subject_t:"Private pensions" OR subject_ses:92404
Type
House
Session
More
Year
More
Department
More
Member
More
Primary member
More
Answering member
More
Legislative stage
Legislation
More
Subject
More
Publisher
To ask the Secretary of State for Health and Social Care, what assessment she has made of the potential impact of outsourcing staff banks on NHS staff pay, employment terms and access to NHS pension arrangements in the South West.
To ask the Secretary of State for Health and Social Care, what assessment she has made of the potential impact of outsourcing staff banks on NHS staff pay, employment terms and access to NHS pension arrangements in the South West.
No such assessment has been made. The 2025/26 planning guidance requires National Health Service providers to reduce bank expenditure by a further 10%. Bank expenditure limits have also been set for the next three years, requiring reductions of between 7.5% and 15% a year.
NHS England is developing further guidance to support NHS organisations to improve the efficiency and effectiveness of their staff banks. This includes consideration of bank pay alignment, local policies, and arrangements to support a consistent and sustainable approach to bank working.
These national requirements do not prescribe the contractual arrangements individual NHS organisations should use to achieve these reductions. Bank and agency arrangements, including rates of pay and terms and conditions, remain subject to local decision making.
Bank contracts are locally agreed and subject to individual NHS organisation decision making. NHS England does not determine individual trusts’ contractual arrangements with bank providers.
In addition, framework operators provide a further level of scrutiny through their established provider risk and assurance arrangements, including ongoing financial monitoring and contingency arrangements for framework suppliers.
The points raised regarding pensions and the impact on staff relate to local contractual and employment arrangements and would be for the relevant NHS organisation to address.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent discussions he has had with pension providers on implementing the pensions reform roadmap.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent discussions he has had with pension providers on implementing the pensions reform roadmap.
As we set out in the updated workplace pensions roadmap, we have now entered the delivery phase of our reforms. We have launched a range of consultations on policy proposals and draft regulations, with more to follow, consistent with our plans. We are engaging closely with stakeholders, including pension providers, employers and their representatives to support effective implementation of the programme.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what metrics will be used to assess the success of the pensions reform programme.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what metrics will be used to assess the success of the pensions reform programme.
In July 2026, the Department published an evaluation strategy for the Pension Schemes Act 2026. More information can be found here:
To ask the Secretary of State for Work and Pensions, what data the Department holds on the average projected increase in retirement income resulting from the pensions reforms.
To ask the Secretary of State for Work and Pensions, what data the Department holds on the average projected increase in retirement income resulting from the pensions reforms.
In the Department’s published Impact Assessment for the Pension Schemes Act, it was estimated an average earner saving over a career may have around £29,000 more in their Defined Contribution pension pot at retirement as a result of the Pension Schemes Act 2026 measures.
More information can be found here:
https://bills.parliament.uk/publications/63860/documents/7447
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent assessment has been made of the expected impact of the pensions reform programme on retirement outcomes for defined contribution pension savers.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent assessment has been made of the expected impact of the pensions reform programme on retirement outcomes for defined contribution pension savers.
In the Department’s published Impact Assessment for the Pension Schemes Act, it was estimated an average earner saving over a career may have around £29,000 more in their Defined Contribution pension pot at retirement as a result of the Pension Schemes Act 2026 measures.
More information can be found here:
https://bills.parliament.uk/publications/63860/documents/7447
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent assessment he has made of the potential impact of pension consolidation on investment in UK productive assets.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent assessment he has made of the potential impact of pension consolidation on investment in UK productive assets.
The department’s report on Pension Fund Investment and the UK Economy and the Impact Assessment accompanying The Pension Schemes Act 2026 is available at: Pension fund investment and the UK economy - GOV.UK and Impact Assessment.
The department recently published an Evaluation Strategy in collaboration with The Pensions Regulator, the Financial Conduct Authority, and HM Treasury. The Evaluation Strategy is available here: Pension Schemes Act 2026 Evaluation Strategy - GOV.UK.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent discussions he has had with employers on the implementation of the pensions reform programme.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent discussions he has had with employers on the implementation of the pensions reform programme.
As we set out in the updated workplace pensions roadmap, we have now entered the delivery phase of our reforms. We have launched a range of consultations on policy proposals and draft regulations, with more to follow, consistent with our plans. We are engaging closely with stakeholders, including pension providers, employers and their representatives to support effective implementation of the programme.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent assessment he has made of the expected impact of pension scheme consolidation on competition within the pensions market.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, what recent assessment he has made of the expected impact of pension scheme consolidation on competition within the pensions market.
The department’s report on Pension Fund Investment and the UK Economy and the Impact Assessment accompanying The Pension Schemes Act 2026 is available at: Pension fund investment and the UK economy - GOV.UK and Impact Assessment.
The department recently published an Evaluation Strategy in collaboration with The Pensions Regulator, the Financial Conduct Authority, and HM Treasury. The Evaluation Strategy is available here: Pension Schemes Act 2026 Evaluation Strategy - GOV.UK.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, whether he plans to publish annual progress reports on the implementation of the pensions reform roadmap.
To ask the Secretary of State for Work and Pensions, with reference to the speech entitled Pension reform, published on 20 July 2026, whether he plans to publish annual progress reports on the implementation of the pensions reform roadmap.
We published an updated workplace pensions reform roadmap in July 2026, consistent with our commitment to set out the phased implementation of the reforms. This provided our best estimates on timelines to support good business planning. We intend to provide more detailed next steps on individual areas where appropriate – including through our engagement with the pensions sector and wider stakeholders.
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the long-term sustainability of the public finances when future pension liabilities are taken into account.
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the long-term sustainability of the public finances when future pension liabilities are taken into account.
The Office for Budget Responsibility’s recent fiscal sustainability analysis provides an independent assessment of the long-term pressures on the public finances, including those arising from the State Pension and unfunded public service pension schemes.
To ask the Chancellor of the Exchequer, with reference to the speech entitled Pension reform, published on 20 July 2026, what plans he has to encourage greater investment by pension schemes in UK infrastructure and high-growth businesses.
To ask the Chancellor of the Exchequer, with reference to the speech entitled Pension reform, published on 20 July 2026, what plans he has to encourage greater investment by pension schemes in UK infrastructure and high-growth businesses.
The Government is unlocking billions of pounds of investment through landmark reforms legislated for in the Pension Schemes Act, and through working with pension schemes to deliver on the Mansion House Accord. The government is strongly encouraged by the Accord, an industry-led, voluntary commitment by 17 of the UK’s largest pension funds to invest 10% of their default funds in private markets, with at least half of that in the UK, by 2030. We have seen positive early progress on the Accord, including new investment commitments being made. For example, Nest, one of the UK’s largest pension funds has committed to investing £200mn in venture opportunities, with ambitions to reach £1bn by the end of the decade.
To ask the Chancellor of the Exchequer, what assessment his Department made of the potential impact of the proposed changes to the Inheritance Tax treatment of pension savings on household saving and investment before announcing the policy.
To ask the Chancellor of the Exchequer, what assessment his Department made of the potential impact of the proposed changes to the Inheritance Tax treatment of pension savings on household saving and investment before announcing the policy.
To ask the Chancellor of the Exchequer, how many people in each constituency in the East of England have been identified by HMRC as being owed pension tax relief as a result of not receiving the full tax relief available on pension contributions.
To ask the Chancellor of the Exchequer, how many people in each constituency in the East of England have been identified by HMRC as being owed pension tax relief as a result of not receiving the full tax relief available on pension contributions.
To ask the Secretary of State for Work and Pensions, whether people on Pension Sharing Orders receive the same communication as the named person; and whether his Department issues guidance on how to communicate with those on a PSO.
To ask the Secretary of State for Work and Pensions, whether people on Pension Sharing Orders receive the same communication as the named person; and whether his Department issues guidance on how to communicate with those on a PSO.
The information which schemes must provide where a pension sharing order is being considered or once an order has been submitted to a scheme is provided for in The Pensions on Divorce etc (Provision of Information) Regulations 2000 (SI 2000/1048). This applies to divorce or dissolution of a civil partnership.
Once a pension sharing order has been implemented in a private pension, the former spouse’s share is transferred to a separate pension arrangement for them. This separate arrangement is not affected by the original member’s future circumstances. Individual pension schemes are then responsible for any relevant communication to members as part of their normal administrative processes.
To ask the Secretary of State for Work and Pensions, what steps he is taking to ensure the consultation entitled Discussion paper on key elements of the Scale Policy has regard to clause (a) 40, sub-section 28L and (b) 45 of the Pension Schemes Act.
To ask the Secretary of State for Work and Pensions, what steps he is taking to ensure the consultation entitled Discussion paper on key elements of the Scale Policy has regard to clause (a) 40, sub-section 28L and (b) 45 of the Pension Schemes Act.
The ‘Discussion Paper on the key elements of the Scale Policy’ was published in July and seeks industry views on how scale can be demonstrated, as well as greater detail on the current operation of default arrangements and investment strategies in multi-employer defined contribution (DC) schemes. These responses, along with further targeted stakeholder engagement, will support the development of detailed regulations for the scale policy, which we will consult on in 2027.
As part of the detailed policy design, the Government is committed to balance the desired outcomes across innovation, competition, scale, scheme governance and of course the vital objective of better member outcomes.
To ask the Chancellor of the Exchequer, what assessment her Department has made of the adequacy of the capacity of HM Revenue and Customs to process additional inheritance tax cases arising from the inclusion of unused pension funds in estates from April 2027.
To ask the Chancellor of the Exchequer, what assessment her Department has made of the adequacy of the capacity of HM Revenue and Customs to process additional inheritance tax cases arising from the inclusion of unused pension funds in estates from April 2027.
To ask His Majesty's Government what plans they have, if any, to make pension tax relief conditional upon undertakings by the funds to invest at least 15 per cent of their equity portfolios in British public and private companies.
To ask His Majesty's Government what plans they have, if any, to make pension tax relief conditional upon undertakings by the funds to invest at least 15 per cent of their equity portfolios in British public and private companies.
To ask His Majesty's Government what assessment they have made of the effect of the decline in UK birth rates on levels of pension spending.
To ask His Majesty's Government what assessment they have made of the effect of the decline in UK birth rates on levels of pension spending.
The Office for Budget Responsibility (OBR) is the Government's official forecaster responsible for assessing the UK economic and fiscal outlook. Its annual publication the Fiscal Risks and Sustainability (FRS) report incorporates biennial long-term projections
The OBR has noted that demographic change can affect future spending and revenues, including the pressures that demographic changes create on state pension spending
The Government keeps these issues under review as part of its wider consideration of the public finances. In July 2025, the Government announced the launch of the Third State Pension age review to consider whether the rules around pensionable age are appropriate, based on the latest life expectancy data and other evidence. The review is ongoing.
My Lords, last year, the Government revived the Pensions Commission to examine how to improve retirement outcomes for future generations. Its interim report, published on 19 May 2026, sets out key challenges with the current system and priorities for the next phase of work. It highlights that too many people, especially low and middle-income earners, are not saving enough for retirement. The Government look forward to receiving the commission’s final report and recommendations in early 2027.
My Lords, last year, the Government revived the Pensions Commission to examine how to improve retirement outcomes for future generations. Its interim report, published on 19 May 2026, sets out key challenges with the current system and priorities for the next phase of work. It highlights that too many people, especially low and middle-income earners, are not saving enough for retirement. The Government look forward to receiving the commission’s final report and recommendations in early 2027.
To ask His Majesty’s Government what recent progress the Pensions Commission has made on its programme of work.
Perhaps I may first welcome my noble friend the Minister to her rightful place on the Front Bench. I thank her for her Answer. We look forward to the progress of the commission to the agreed timetable, but I have concerns that it is only one leg of a three-part review: there is the commission; there is the Government’s review of the state pension age, which commenced a year ago yesterday and has been little heard of since; and there is the issue of the triple lock and the level of the new state pension. They all need to be resolved together to achieve a sustainable settlement. Can my noble friend explain to the House how these different strands will be brought together?
Perhaps I may first welcome my noble friend the Minister to her rightful place on the Front Bench. I thank her for her Answer. We look forward to the progress of the commission to the agreed timetable, but I have concerns that it is only one leg of a three-part review: there is the commission; there is the Government’s review of the state pension age, which commenced a year ago yesterday and has been little heard of since; and there is the issue of the triple lock and the level of the new state pension. They all need to be resolved together to achieve a sustainable settlement. Can my noble friend explain to the House how these different strands will be brought together?
I can indeed, and I am grateful to my noble friend for his welcome back. He will forgive me, as I will not be able to give him any specific answers on the future rates of the state pension; if I pre-empt the Budget, I think I may be the shortest-living Minister in history—I would not even make it to 24 hours. But I can tell him how the process will work. The Government are required to do a review of the state pension age. We have set up an independent commission, chaired by Dr Suzy Morrissey, to look at the evidence and make a report, which it has now done and handed it in. The Government will take a wider range of evidence, including from the Pensions Commission, and will then have to make a decision about the future of the state pension age. The commission is looking at the adequacy of the state pension. Obviously, the state pension is there, but the key objective is determining whether people are saving enough for retirement—so it is not just about what the state pension is doing but about whether people are saving enough in private pensions for retirement, and it is clear from the interim
report that they are not. We now look forward to the recommendations that are coming. All of us will come together and the Government will make a decision. This is all on the back of the significant work done already by the pensions investment commission and the recent Bill on private pension schemes. It is all coming together.