Pension Clawback APPG

First Registered: 29/08/2018 • Last updated on: 06/10/2021

Official Page

To campaign for HSBC UK to remove state deduction, more commonly known as pension integration or 'clawback', from the post-1974 Midland Bank Defined Benefit Pension Scheme. To raise awareness of pension clawback more generally, especially in cases where it has been poorly communicated, and to highlight its discriminatory impacts.

Note: All-Party Parliamentary Groups (APPGs) are informal, cross-party groups formed by MPs and Members of the House of Lords who share a common interest in a particular policy area, region or country. APPGs have no official status within Parliament.

Current Members - Contact Details - Benefits in Kind - Financial Benefits - Former Members

This content was generated for your convenience by Parallel Parliament and does not form part of the official record.
Recent Documents related to Pension Clawback

1. Midland Clawback Campaign - written evidence
16/05/2018 - Inquiry: Defined benefit pensions white paper inquiry - Work and Pensions Committee
- View source

Found: Written evidence - Midland Clawback CampaignWritten evidence from Midland Clawback Campaign (BPW0009) The

2. Pension integration (or 'clawback')
15/02/2018 - Parliamentary Research

Found: Number CBP-01121, 15 February 2018 Pension integration (or ‚clawback™) By Djuna Thurley Contents: 1.

3. Pension Clawback
29/08/2018 - APPGs

Found: known as pension integration or 'clawback', from the post-1974 Midland Bank Defined Benefit Pension Scheme

4. HSBC MIDLAND BANK PENSION CLAWBACK SCHEME
20/11/2017 - Early Day Motions

Found: Occupational Pension Scheme believe that they were not adequately made aware of the clawback feature; further

5. RemCo Deloitte Report
20/04/2018 - Inquiry: Carillion joint inquiry - Business, Energy and Industrial Strategy Committee
- View source

Found: with pension reduced to 20% Shareholding guideline increased to 200% of salarv Malus and clawback provisions

Latest Documents
Recent Speeches related to Pension Clawback

1. High-income Child Benefit Charge
03/09/2019 - Westminster Hall

1: simpler. I have not found figures for how much the clawback and the lack of take-up of child benefit have - Speech Link
2: and support allowance, community care grants or pension credit—all the things that people may qualify for - Speech Link
3: long-term pension planning. We have all heard horror stories of the Women Against State Pension Inequality - Speech Link

2. Corporate Governance and Insolvency
20/03/2018 - Commons Chamber

1: White Paper entitled “Protecting defined benefit pension schemes”, which provides for stronger powers for - Speech Link
2: There are two substantive proposals: on clawback and on disqualification of directors. There is - Speech Link
3: companies paying dividends. In fact many of our pension schemes rely on the profits paid from dividends - Speech Link

3. Finance (No.2) Bill (First sitting)
22/04/2021 - Public Bill Committees

1: Minister about subsection (9), which introduces a clawback mechanism. It seems to apply when the anticipated - Speech Link
2: account of comments received, particularly on the clawback mechanism that the hon. Gentleman refers to. We - Speech Link
3: expenses, tax, national insurance and any relievable pension contributions in that period. The group points - Speech Link

4. Business of the House
30/11/2017 - Commons Chamber

1: 14 December—Debate on a motion on equality of pension provision for women, followed by debate on a motion - Speech Link
2: Gentleman mentions the specific issue of the pension age for women. Of course he will be aware that - Speech Link
3: HSBC’s pension clawback? Employees in HSBC Midland Bank’s defined benefit occupational pension scheme - Speech Link

5. Bank Branch Closures
18/03/2020 - Westminster Hall

1: Against State Pension Inequality—who will have to wait longer before they access their state pension. Those - Speech Link

Latest Speeches
Recent Questions related to Pension Clawback
1. Pension Credit
asked by: Stuart Anderson
04/11/2020
... what steps she is taking to encourage eligible people to apply for pension credit.

2. Pension Credit
asked by: Sarah Olney
04/11/2020
... what steps she is taking to increase the uptake of pension credit over the next five years.

3. Pension Credit
asked by: Caroline Lucas
06/11/2020
... what assessment she has made of (a) the effect of non-take up of pension credit by eligible individuals on their need for health and social care services and (b) the implications for auto-enrolment for pension credit of advances in data-matching; if she will make it her policy to commission an auto-enrolment pilot of persons eligible for pension credit; and if she will make a statement.

4. Pension Credit
asked by: Chris Law
04/11/2020
... what the rate was of successful applications for pension credit in each year from 2015 to 2019 inclusive.

5. Pension Credit
asked by: Abena Oppong-Asare
17/11/2020
... what assessment her Department has made of the implications for its policies of the findings of the Pension Credit report from Independent Age.

Latest Questions
APPG Supplied Content

APPGs can register with Parallel Parliament and submit files and articles to be placed here.

Parallel Parliament offers the facility for APPGs to submit written content and files, which are made available through this page.

Submitters can draft and edit publications, and either release them on demand, or schedule release for a future date.

Both text content and attached files submitted through this facility is indexed by our website, and made available through both the search function and relevant e-mail alerts. Any of our users registered for an alert which matches your content, will receive a link making them aware of its publication.

If you wish to register as an authorised representative of the Pension Clawback APPG and use this facility, click below

6 Current APPG Officers
Contact Details

Registered Contact:

Mr Clive Betts MP, House of Commons, London, SW1A 0AA. Tel: 020 7219 5114.

Email: officeofclivebettsmp@parliament.uk

Public Enquiry Point:

Steve Bradbury, Midland Clawback Campaign, 15 Rembrandt Drive, Dronfield, Derbyshire S18 1QN . Tel: 07985143 942

Email: Steve1brad@hotmail.com

No benefits in kind are on record for the Pension Clawback APPG

No direct financial benefits are on record for the Pension Clawback APPG

Former APPG Officers
Kevin Barron Portrait
Kevin Barron
Vice Chair
Labour - Former Member for Rother Valley
Joined: 29th August 2018
Departed: 5th November 2019
No other APPG Memberships
Helen Goodman Portrait
Helen Goodman
Vice Chair
Labour - Former Member for Bishop Auckland
Joined: 23rd October 2019
Departed: 5th November 2019
No other APPG Memberships
Lee Rowley Portrait
Lee Rowley
Secretary
Conservative - North East Derbyshire
Joined: 29th August 2018
Departed: 11th September 2019