Results 61–80 of 70000 for speaker:Stephen Timms OR speaker:Stephen Timms OR speaker:Stephen Timms OR speaker:Stephen Timms

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 118 - Qualifying pensions dashboard service (3 Nov 2020)

Stephen Timms: It is worth putting on the record that the worst problem was what happened with the Pensions Act 2011, as I think the then Pensions Minister, Steve Webb, has since recognised.

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 107 - Sanctions for avoidance of employer debt etc (3 Nov 2020)

Stephen Timms: I have a real worry about this. Is the Minster saying that, for example, if a trade union successfully called for a higher pay rise than was initially offered, the company subsequently failed and there was a problem with the pension scheme, that the trade union would have to say that it had a reasonable excuse for pressing its pay demand? That seems a strange arrangement for us to be entering...

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 107 - Sanctions for avoidance of employer debt etc (3 Nov 2020)

Stephen Timms: I wonder whether the Minister would agree that it does seem very odd that a trade union making a legitimate pay claim might have to worry about whether it is committing a criminal offence because of some future damage to the pension scheme. I am very surprised that the Minister is putting in place measures that would have that effect.

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 107 - Sanctions for avoidance of employer debt etc (3 Nov 2020)

Stephen Timms: I have listened with great interest to the case that the hon. Member for Airdrie and Shotts has been making. I have also been contacted by a reputable industry body, the Pensions Management Institute, as well as the Institute and Faculty of Actuaries, which has been mentioned. They expressed alarm about the consequences of clause 107, which the hon. Gentleman has raised concerns about. I have...

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 27 - Requirement to submit supervisory return (3 Nov 2020)

Stephen Timms: I am very grateful for the support that has been expressed and for the points that the Minister has made. I take his point that there is a consultation under way. I very much hope that the regulator will decide to require information on diversity from the schemes that are set up, and that it will continue to do so as the trustee board develops. However, at this stage I will not press the...

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 52 - Collective money purchase benefits and schemes (3 Nov 2020)

Stephen Timms: Would it be in order, Mr Stringer, for me to ask about clause 98 in this part of our discussion? It is the counterpart to an earlier clause and will introduce regulations to enable CDC schemes in Northern Ireland to be extended to include multi-employer schemes. Can the Minister reassure us that in Northern Ireland, as in the UK, the plan will be to introduce regulations to enable that within...

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 103 - Grounds for issuing a section 38 contribution notice (3 Nov 2020)

Stephen Timms: This part of the Bill gives new powers to the regulator, so it is worth recapping the problems that gave rise to the need for them. Most of the thinking here came from the joint work of the former Work and Pensions Committee—I pay tribute to my predecessor as its Chair, Frank Field—and the Select Committee on Business, Innovation and Skills, after the awful problems at two firms: BHS and...

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 26 - List of authorised schemes (3 Nov 2020)

Stephen Timms: My hon. Friend is absolutely right. She and I took part in a debate on a similar issue around 10 years ago, on the Welfare Reform Bill. She is right on this point, and that is an argument that I want to come to in a moment. I hope the approach that I am advocating will be applied to other pension trustee boards in the UK in due course, because according to a report on diversity published in...

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 26 - List of authorised schemes (3 Nov 2020)

Stephen Timms: My hon. Friend makes an important and interesting point. If we are to be confident that these new scheme trustees will make decisions that are fair to both the working members of the schemes and to pensioners, it is important that the voices of working age members should be taken fully into account in the trustee board’s decisions. She makes a good argument about why diversity, specifically...

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 26 - List of authorised schemes (3 Nov 2020)

Stephen Timms: I apologise for raising clause 47 in the previous debate; I probably should have waited until now. I am glad we had that debate and I welcome the Minister’s assurance that regulations to enable multi-employer CDCs will come forward within the next year. I will confine myself in this debate to clause 46 and amendment 25, which stands in my name on the amendment paper. I am grateful to the...

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 1 - Collective money purchase benefits and schemes (3 Nov 2020)

Stephen Timms: Can the Minister raise our hopes that perhaps in the next 12 months or so, there might be regulations that allow multi-employer CDCs to be set up?

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 1 - Collective money purchase benefits and schemes (3 Nov 2020)

Stephen Timms: I am grateful for the Minister’s reassurance on communications. Will good communications be a consideration for the regulator in determining whether a proposed CDC scheme should go ahead?

Public Bill Committee: Pension Schemes Bill [Lords]: Clause 1 - Collective money purchase benefits and schemes (3 Nov 2020)

Stephen Timms: I am very pleased to be serving under your chairmanship, Mr Stringer. Like others, I very warmly welcome this proposed legislation for CDC pensions, and congratulate Royal Mail, the CWU and everyone involved on the success of their joint efforts to achieve the statutory framework that is needed to deliver them. My hon. Friend the Member for Feltham and Heston referred to the previous Select...

Written Answers — Department for Work and Pensions: State Retirement Pensions (2 Nov 2020)

Stephen Timms: To ask the Secretary of State for Work and Pensions, how many claimants are having deductions made from their State Pension as a result of debts owed to the Government.

Written Answers — Department for Work and Pensions: State Retirement Pensions (2 Nov 2020)

Stephen Timms: To ask the Secretary of State for Work and Pensions, in what circumstances her Department makes deductions from State Pension payments to repay claimant debts owed to the Government.

Written Answers — Home Office: Windrush Lessons Learned Review (2 Nov 2020)

Stephen Timms: To ask the Secretary of State for the Home Department, with reference to The Response to the Windrush Lessons Learned Review: A comprehensive improvement plan, published in September 2020, CP293, what her planned timescale is for reviewing the public funds stream to the compliant environment; and if she will make a statement.

Written Answers — Department for Digital, Culture, Media and Sport: UK Safer Internet Centre: EU Grants and Loans (2 Nov 2020)

Stephen Timms: To ask the Secretary of State for Digital, Culture, Media and Sport, what plans he has to provide funding to the UK Safer Internet Centre when its funding from the EU ends.

Written Answers — Department for Work and Pensions: Universal Credit: Self-employed (23 Oct 2020)

Stephen Timms: To ask the Secretary of State for Work and Pensions, how many and what proportion of universal credit claimants were self-employed in the last period for which data is available.

Written Answers — Department for Work and Pensions: Universal Credit: Self-employed (23 Oct 2020)

Stephen Timms: To ask the Secretary of State for Work and Pensions, how many universal credit claimants will be subject to the minimum income floor when its suspension ends on 12 November 2020.

Written Answers — Department of Health and Social Care: Blood Diseases: Coronavirus (22 Oct 2020)

Stephen Timms: To ask the Secretary of State for Health and Social Care, what assessment he has made of the effect of covid-19 on the vulnerability of people living with (a) beta-thalassaemia, (b) sickle cell disease and (c) other haemoglobinopathies; and if he will make a statement.


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