Asked by: Cathy Jamieson (Labour (Co-op) - Kilmarnock and Loudoun)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether any additional resources will be available to HM Revenue and Customs for conducting due diligence on newly-registered pension schemes.
Answered by David Gauke
HM Revenue and Customs (HMRC) has an active compliance programme to tackle all attempted abuse of the pension tax rules. As part of this, they continue to work to identify promoters and schemes which seek to abuse the pension tax rules. The fit and proper person test for scheme administrators introduced in September 2014 is another important tool to help HMRC tackle these schemes and to protect members’ funds. HMRC takes a risk based approach to compliance which allows it to match resource at the right time to tackle this abuse. This resource includes pension specialists, and where appropriate, staff from many other areas across HMRC. HMRC is also working with other Government Departments to ensure that appropriate action is taken to stop any abuse.
Asked by: Cathy Jamieson (Labour (Co-op) - Kilmarnock and Loudoun)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 3 February to Question 222173, what the locations are of the Citizens Advice Bureaux in (a) England, (b) Scotland, (c) Wales and (d) Northern Ireland where trained staff deliver the Pension Wise service.
Answered by Andrea Leadsom
The figure of 300 trained guidance specialists is an estimate across the whole of the service. It is the responsibility of our delivery partners to determine exactly how many trained guidance specialists they will need in each area. HM Treasury has plans in place to boost capacity, particularly to deal with any initial surge of demand.
Citizens Advice has published the names of 44 bureaux which are in the first tranche of participating bureaux in England and Wales. Bureaux will use also a range of satellite locations to deliver guidance. Details of a further tranche of bureaux and satellite locations will be published shortly, along with announcements from Citizens Advice Scotland and Citizens Advice Northern Ireland of their participating bureaux.
Asked by: Cathy Jamieson (Labour (Co-op) - Kilmarnock and Loudoun)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 3 February to Question 222173, how many of the 300 trained staff working to deliver the Pension Wise guidance will provide face to face sessions in (a) England, (b) Scotland, (c) Wales and (d) Northern Ireland.
Answered by Andrea Leadsom
The figure of 300 trained guidance specialists is an estimate across the whole of the service. It is the responsibility of our delivery partners to determine exactly how many trained guidance specialists they will need in each area. HM Treasury has plans in place to boost capacity, particularly to deal with any initial surge of demand.
Citizens Advice has published the names of 44 bureaux which are in the first tranche of participating bureaux in England and Wales. Bureaux will use also a range of satellite locations to deliver guidance. Details of a further tranche of bureaux and satellite locations will be published shortly, along with announcements from Citizens Advice Scotland and Citizens Advice Northern Ireland of their participating bureaux.
Asked by: Cathy Jamieson (Labour (Co-op) - Kilmarnock and Loudoun)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 3 February to Question 222173, how many of the 300 trained staff working to deliver the Pension Wise service will be delivering telephone sessions via the Pensions Advisory Service based at its headquarters in London.
Answered by Andrea Leadsom
The figure of 300 trained guidance specialists is an estimate across the whole of the service. It is the responsibility of our delivery partners to determine exactly how many trained guidance specialists they will need in each area. HM Treasury has plans in place to boost capacity, particularly to deal with any initial surge of demand.
Citizens Advice has published the names of 44 bureaux which are in the first tranche of participating bureaux in England and Wales. Bureaux will use also a range of satellite locations to deliver guidance. Details of a further tranche of bureaux and satellite locations will be published shortly, along with announcements from Citizens Advice Scotland and Citizens Advice Northern Ireland of their participating bureaux.