Written Evidence Apr. 26 2024
Inquiry: Disability employmentFound: One participant’s experience with the Kickstart scheme resulted in them having to pay back benefits
Correspondence Apr. 26 2024
Committee: Liaison Committee (Lords)Found: The Affordable Housing Guarantee Scheme aims to support the delivery of 20,000 new affordable homes.
Report Apr. 26 2024
Committee: Public Accounts CommitteeFound: Secure training centres and secure schools HC 30 14th Investigation into the British Steel Pension Scheme
Written Evidence Apr. 25 2024
Inquiry: Devolution of employment supportFound: prevent young people becoming unemployed, including long-term unemployed – see the failure of Kickstart
Written Evidence Apr. 25 2024
Inquiry: Devolution of employment supportFound: What impact could greater devolution of employment support have on the consistency and quality of scheme
Oral Evidence Apr. 24 2024
Committee: Work and Pensions Committee (Department: Department for Work and Pensions)Found: carers on the lowest incomes as well as significantly complicating the current carer’s allowance scheme
Report Apr. 24 2024
Committee: Public Accounts CommitteeFound: Secure training centres and secure schools HC 30 14th Investigation into the British Steel Pension Scheme
Asked by: Lord Taylor of Warwick (Non-affiliated - Life peer)
Question to the HM Treasury:
To ask His Majesty's Government, following the findings of the Financial Conduct Authority survey indicating a decrease in savings and investing among UK adults, what steps they are taking to help individuals and families save and invest.
Answered by Baroness Vere of Norbiton - Parliamentary Secretary (HM Treasury)
The Government is committed to incentivising greater saving and investment, to help hard working people save for their future goals and build greater financial resilience.
The Help to Save scheme was launched in September 2018 and is intended to promote financial resilience among working households on low incomes by supporting them to kickstart a regular, long-term savings habit and build a financial buffer for a rainy day.
Individuals can also save up to £20,000 into an Individual Savings Account (ISA) each year, and any savings income received within an ISA is tax free. This, along with the Personal Savings Allowance of up to £1,000 for basic rate taxpayers means that around 85% of people with savings income pay no tax on that income.
However, the Government also recognises that people need support to make effective investment decisions. This is why the Government and FCA are working on a joint review of the boundary between financial advice and guidance to ensure people can access appropriate support with their financial decision-making.
Apr. 23 2024
Source Page: A9 Dualling Programme and A75 Upgrade: EIR releaseFound: Christmas break to establish where we are with the A75 project and agree the next steps to promptly kickstart
Report Apr. 19 2024
Committee: Public Accounts CommitteeFound: Secure training centres and secure schools HC 30 14th Investigation into the British Steel Pension Scheme