All House of Commons articles
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NewsLatest mandation amendment acknowledges government’s role in UK asset sourcing
Pat McFadden, the work and pensions secretary, has put forward changes to part of clause 40 setting out what the government must do before implementing the reserve power to require specific asset allocations.
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NewsPension Schemes Bill still in deadlock after Lords reject third version of mandation clause
Late last night, peers voted against amendments tabled by the House of Commons earlier in the evening that proposed further limitations on the mandation power, and repeated calls for the clause to be removed altogether.
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NewsGovernment defeated on mandation again after Lords reject fresh limits to reserve power
UPDATE: The House of Lords has rejected the government’s latest efforts to limit the scope of the mandation clause, with one former pensions minister warning the whole Pension Schemes Bill could be at risk.
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NewsPeers urge rethink on scale test to preserve innovation and competition
Members of the House of Lords have warned that the legislation backing the scale test is too restrictive and could stifle innovation among DC providers.
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NewsLords push back on ‘poisonous’ mandation in Pension Schemes Bill debate
In a debate last night (20 April), peers voted to reject the government’s revised wording of the reserve power, despite attempts from Labour representatives to reassure opponents about the measures.
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OpinionThe Friday Takeaway: Ping-pong and polling the public
Legislative table tennis bats at the ready, it’s time for pensions policy ping-pong! Pensions Expert editor Nick Reeve dusts off his paddle and asks whether there are bigger problems to solve.
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NewsPension Schemes Bill edges closer as MPs strike down Lords’ amendments
MPs have moved a step closer to finalising the Pension Schemes Bill after the government used its majority to sweep aside more than 80 amendments put forward by the House of Lords.
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NewsPeers fail in bid to hold government to account on salary sacrifice cap
The government has succeeded in overturning a House of Lords decision on the salary sacrifice cap and the policy will now be enacted as set out in November’s Budget.
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OpinionThe Friday Takeaway: Preparing for parliamentary pension ping pong
Pensions Expert editor Nick Reeve wonders whether the Pension Schemes Bill’s Royal Assent is close or whether it might be subjected to some legislative ‘whiff-whaff’.
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NewsSalary sacrifice: Commons vote strikes down cap change and exemptions
The proposed salary sacrifice cap on pension contributions is back down to £2,000 after the government’s majority helped it reject amendments made by the House of Lords.
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NewsPensions minister under investigation for alleged expenses breaches
Paul Maynard to be investigated by the parliamentary expenses watchdog after spending £106,000 on printing.
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NewsIndustry split on auto-enrolment reform timetable
On the go: Experts are split on whether increasing auto-enrolment contributions to 12 per cent can be achieved by the end of the decade.
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NewsAE reform unlikely to get through in time for Queen’s Speech
On the go: Pensions minister Guy Opperman has said the auto-enrolment reform bill will not get through in time for the Queen’s Speech in May.
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NewsGovt could tweak transfer amber flag rules for overseas investments
On the go: The Department for Work and Pensions may amend defined benefit transfer scam rules so that low-risk overseas investments are no longer flagged.
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NewsGovt keeps AE earnings trigger despite calls to scrap it
On the go: The government has opted to keep the earnings trigger for auto-enrolment at £10,000 for 2022-23, despite some in the industry calling for it to be scrapped to bring in more low earners.
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NewsNow Pensions calls for AE earnings trigger to be scrapped
On the go: Workplace pension provider Now Pensions has called for an urgent policy change to remove the auto-enrolment earnings trigger to bring more people into pension saving.
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NewsWarning 7,000 NHS staff could retire as pension penalties loom
On the go: Quilter has warned there could be an exodus of NHS staff in March as Covid-19 rules, which prevented workers from receiving a financial penalty, come to an end.
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NewsFormer shadow pensions minister Jack Dromey dies aged 73
On the go: Former shadow pensions minister Jack Dromey, MP for Birmingham Erdington, has died at the age of 73.
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NewsMP seeks to extend auto-enrolment to 18-year-olds
On the go: Proposals that would see working 18-year-olds and low earners automatically save into a pension are being put before parliament this week.
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NewsGovt rejects Lords’ attempt to retain state pension triple lock
On the go: The House of Commons has rejected proposed amendments from the House of Lords to retain the earnings element of the state pension triple lock next year.