Results 1–20 of 728 for (in the 'Commons debates' OR in the 'Westminster Hall debates' OR in the 'Lords debates' OR in the 'Northern Ireland Assembly debates') speaker:Nick Smith

Social Care (7 Dec 2017)

Nick Smith: Will the Minister update us on the financial stability of the Four Seasons group, which cares for over 17,000 vulnerable residents across the UK?

Royal Assent: Business of the House (7 Dec 2017)

Nick Smith: I am afraid that a steelworkers’ pension scandal is brewing. My constituents are worried about making the wrong decision on pension transfers, and the Financial Conduct Authority is providing insufficient support to steelworkers at this crucial time. May we have a ministerial statement and an action plan from the FCA to support steelworkers who are trying to do the right thing for their...

Mineworkers’ Pension Scheme (5 Dec 2017)

Nick Smith: I beg to move, That this House has considered the Mineworkers’ Pension Scheme. It is a pleasure to serve under your chairmanship, Mr Paisley. I applied for the debate for one reason: because miners and their families deserve a fair deal from their pension pots. In the time I have, I will talk a bit about the scheme—what it is, what the issues are and what could be done going...

Mineworkers’ Pension Scheme (5 Dec 2017)

Nick Smith: My hon. Friend makes a really good point that gets to the nub of the question we are considering. I called for the debate following the productive meeting that Labour colleagues and I had with the scheme trustees recently. At the meeting, we looked at ways of improving outcomes for the scheme’s members, and I am grateful to my hon. Friend the Member for Ashfield (Gloria De Piero) for...

Mineworkers’ Pension Scheme (5 Dec 2017)

Nick Smith: My hon. Friend and neighbour really captures what has happened.

Mineworkers’ Pension Scheme (5 Dec 2017)

Nick Smith: My hon. Friend and neighbour, like my hon. Friend the Member for Islwyn (Chris Evans), gets right to the bone. Nearly £2.7 billion has come from the scheme to the Government as their share of the subsequent surpluses. That means that the Government have taken the same share as the people who earned the pensions in the first place. Instead of paying in, the Government act as a guarantor...

Mineworkers’ Pension Scheme (5 Dec 2017)

Nick Smith: The hon. Gentleman is right. When we met the trustees, they told us that the guarantee was important, and I accept that. It has been helpful in terms of pursuing lucrative investments, which have aided scheme improvements and its funding. It has also given miners the peace of mind that the pension they earned will not go down in value, no matter what happens in the markets. It is a good...

Mineworkers’ Pension Scheme (5 Dec 2017)

Nick Smith: I agree. More parliamentary consideration of this important initiative and where it goes next would be valuable.

Mineworkers’ Pension Scheme (5 Dec 2017)

Nick Smith: The hon. Gentleman makes a fair point, but this is not about looking backwards but about looking forwards and looking after the hundreds of thousands of people I mentioned in my introduction. The Government have provided the guarantee, which is an important commitment, but I would like to ask the Minister three things and I would like three answers today, please. How many other pension...

State Pension Age: Women (29 Nov 2017)

Nick Smith: Does my hon. Friend agree that many of those women have worked in manual jobs since they were 15 years of age—some of them since they were 14—so they deserve fair play?

Oral Answers to Questions — Defence: Topical Questions (27 Nov 2017)

Nick Smith: Britain’s defence industry supports hundreds of jobs in the South Wales valleys. Will the Government support our armoured fighting vehicle industry and allow it to compete for the prime contract for the Boxer armoured vehicle?

Budget Resolutions - Income Tax (Charge) (23 Nov 2017)

Nick Smith: It is a pleasure to follow the hon. Member for North Cornwall (Scott Mann). I will be making just one argument today on the behalf of steelworkers in south Wales and across the country, because this is a live issue that needs ministerial action. The pension freedom laws are proving to be a money-spinner for the Government, with the OBR forecasting that the Government will raise over a...

Budget Resolutions - Income Tax (Charge) (23 Nov 2017)

Nick Smith: He isn’t, is he? Have the Government assessed whether the independent financial adviser provision close to these steelworks has the capacity to deal with the demand? If it has not, can the Pensions Advisory Service help if there is a problem? Now that the FCA has visited Port Talbot, have the Government received evidence of financial sharks at the site, so that action can be taken?...

Cabinet Office and the Chancellor of the Duchy of Lancaster: Electoral Fraud (22 Nov 2017)

Nick Smith: Will the Government consider using credit reference agency data to improve the accuracy of the electoral register?

Business of the House (16 Nov 2017)

Nick Smith: Today’s Financial Times reports concerns over a “feeding frenzy” by “unscrupulous” pensions advisers targeting steel workers in south Wales. Can we have a statement from the Government and action by the Financial Conduct Authority?

Business, Energy and Industrial Strategy: Social Care: Minimum Wage Back Payment (7 Nov 2017)

Nick Smith: What discussions he has had with Cabinet colleagues on providing funding to ensure minimum wage back payment in the social care sector.

Business, Energy and Industrial Strategy: Social Care: Minimum Wage Back Payment (7 Nov 2017)

Nick Smith: I thank the Minister for that answer, but how are the Government supporting individuals with personal budgets who could face bills of thousands of pounds in back payments?

Opposition Day - [4TH Allotted Day]: Armed Forces Pay (1 Nov 2017)

Nick Smith: Defence spend as a percentage of GDP in the final year of the previous Labour Government was 2.5%. Will the Minister tell me what it is now?


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