Asked by: Paul Masterton (Conservative - East Renfrewshire)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, whether the state pension will be included in the pensions dashboard when it launches in 2019.
Answered by Guy Opperman
As announced on 19th October 2017, DWP is leading a feasibility study, working with industry, consumer-facing organisations and the regulators to explore the key issues and determine a path towards implementation for the Pensions Dashboard. The results of this feasibility study will be published shortly.
Government remains committed to ensuring that State Pension forms part of the Pensions Dashboard. Until State Pension information is available on a dashboard, people can access the online ‘Check your State Pension’ service through GOV.UK to get a forecast of their State Pension, where they can get information about how they may be able to improve it, and view their National Insurance contribution record.
Asked by: Paul Masterton (Conservative - East Renfrewshire)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what discussions her Department has had with the Financial Conduct Authority on the timeframe for consultation and implementation of new regulations for the provision of a pensions dashboard.
Answered by Guy Opperman
The Department is carrying out a feasibility study exploring a range of issues associated with the delivery and implementation of a pensions dashboard. As part of this we are considering how to ensure that consumer interests are safeguarded and their information protected.
The Department is working closely with the regulators –The Pensions Regulator and the Financial Conduct Authority to explore these issues and determine a path towards implementation. We expect to publish our initial findings in March 2018.
Asked by: Paul Masterton (Conservative - East Renfrewshire)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what discussions her Department has had with the Financial Conduct Authority on making the provision of pensions dashboards a regulated activity.
Answered by Guy Opperman
The DWP is leading a feasibility project to consider a range of issues that need to be determined in order to deliver the pensions dashboard.
Pensions dashboards would involve access to personal information about pensions. Therefore, we would need to ensure that appropriate governance is in place so that the information on a pensions dashboards is presented and used in a way that is in the customer’s best interest.
The DWP is working with other government departments, industry, consumer facing organisations and the regulators – The Pensions Regulator and Financial Conduct Authority – to carry out the feasibility work, and is expected to publish its findings in March 2018.
Asked by: Paul Masterton (Conservative - East Renfrewshire)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, which types of pension scheme will be required to provide information to the pensions dashboard in 2019.
Answered by Guy Opperman
As announced on 19th October 2017 the DWP is leading a feasibility study, working with industry, consumer-facing organisations and the regulators to explore the key issues and determine a path towards implementation for the pensions dashboard.
As part of the feasibility study, the Department is considering how best to ensure the widest possible participation of pension schemes to meet the user need and ensure the dashboard is a success. To inform the study, the Department is looking at the experiences of other countries as well as taking into account the views from different parts of the UK pensions industry. The feasibility report is expected to be published in March 2018.
Asked by: Paul Masterton (Conservative - East Renfrewshire)
Question to the Department for Work and Pensions:
To ask the Secretary of State for the Department of Work and Pensions how many residents in East Renfrewshire constituency are in receipt of universal credit.
Answered by Damian Hinds
The available information on people and households on Universal Credit, by parliamentary constituency, is published and can be found at:
https://stat-xplore.dwp.gov.uk/.
Guidance on how to extract the information required can be found at:
https://sw.stat-xplore.dwp.gov.uk/webapi/online-help/Getting-Started.html