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Tag: Lord Harrison

  • Lord Harrison – 2016 Parliamentary Question to the Department of Health

    Lord Harrison – 2016 Parliamentary Question to the Department of Health

    The below Parliamentary question was asked by Lord Harrison on 2016-03-01.

    To ask Her Majesty’s Government how much money the NHS invested in ensuring access to and provision of structured education for diabetes patients in (1) 2013, (2) 2014 and (3) 2015, and what percentage those figures represent of total NHS spend on diabetes during each year.

    Lord Prior of Brampton

    NHS England and Monitor are working closely together to ensure that the payment system supports service developments in the vanguard sites (including those where integrated diabetes care is a focus) as well as monitoring local innovative approaches to supporting integrated care taken by some clinical commissioning groups (CCGs). This is to ensure that the payment system keeps abreast with the development of future service models and is not a barrier to the development of new models of care.

    During 2016/17, NHS England will look at the current incentives and funding arrangements for diabetes to see how greater alignment could be achieved between the financial incentives for primary and secondary care.

    Information on how much money the National Health Service invested in structured education for diabetes patients is not collected centrally.

    Under the Health and Social Care Act (2012), NHS England has a statutory duty to conduct an annual assessment of every CCG. Since April 2013, CCGs have been assessed twice, for the period 2013/14 and for 2014/15.

    For 2016/17, NHS England will introduce a new CCG Improvement and Assessment Framework (CCG IAF). This new framework will align with NHS England’s mandate and planning process, with the aim of driving improvements in a number of key areas including the management and care of people with diabetes.

    NHS England has been working with Diabetes UK on including diabetes indicators in the CCG IAF. The proposed diabetes indicators are:

    – the percentage of diabetes patients that have achieved all three of the National Institute for Heath and Care Excellence recommended treatment targets; and

    – newly diagnosed diabetes patients referred to, or attending, a structured education course.

    Under the proposals, diabetes will also be one of the six clinical priority areas in the CCG IAF that will be overseen by an independent group.

    The CCG IAF proposals are subject to the outcome of an engagement process which closed for comments on February 26 2016. More information can be found at:

    https://www.england.nhs.uk/commissioning/ccg-improvmnt/

    “

  • Lord Harrison – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

    Lord Harrison – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Lord Harrison on 2015-10-13.

    To ask Her Majesty’s Government what assessment they have made of how the requirement for public-interest enterprises to disclose non-financial interests and diversity measures under European Union Directive 2014/95 affects United Kingdom small and medium-sized enterprises wishing to be listed on stock exchanges across the European Union.

    Baroness Neville-Rolfe

    The Government expects to publish a consultation document shortly on plans for transposition of this Directive, most of whose provisions are already reflected in UK reporting requirements. A full impact assessment, including an assessment of the impact on SMEs, will be made available alongside the consultation document.

  • Lord Harrison – 2014 Parliamentary Question to the Department for Work and Pensions

    Lord Harrison – 2014 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Lord Harrison on 2014-03-24.

    To ask Her Majesty’s Government what recent steps they have taken to ensure that information on the engagement activities of pension funds and other institutional investors with investee companies is made fully accessible.

    Lord Freud

    The Government supports the principles set out in the Financial Reporting Council (FRC) UK Stewardship Code including schemes becoming active stewards of their investments and reporting on that stewardship. The Code sets out a number of areas of good practice to which the FRC believes institutional investors should aspire, and operates on a ‘comply or explain’ basis. It includes guidance for pension schemes and other asset owners on steps they can take to protect and enhance the value that accrues to the ultimate beneficiary. The FCA requires UK authorised asset managers to report on whether or not they apply the Code.

    The UK stewardship code is voluntary, however we would encourage workplace pensions schemes to comply with the principles set out in the code. In addition we are developing governance standards of workplace defined contribution schemes, and have asked the Law Commission to investigate how fiduciary duties currently apply in the investment chain. The Pensions Regulator’s defined contribution Code of Practice also sets out the legal requirements and standards they expect trustees of defined contribution schemes to attain. This includes a section on investment which also references the FRC Stewardship code. These initiatives are part of our on-going work to ensure schemes are governed and administered to deliver in members’ interests.

  • Lord Harrison – 2014 Parliamentary Question to the Department for Work and Pensions

    Lord Harrison – 2014 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Lord Harrison on 2014-03-24.

    To ask Her Majesty’s Government what assessment they have made of the case for large occupational defined contribution pension schemes to be active owners or stewards of their assets, in line with the definition of stewardship as outlined in the Financial Reporting Council’s Stewardship Code.

    Lord Freud

    The Government supports the principles set out in the Financial Reporting Council (FRC) UK Stewardship Code including schemes becoming active stewards of their investments and reporting on that stewardship. The Code sets out a number of areas of good practice to which the FRC believes institutional investors should aspire, and operates on a ‘comply or explain’ basis. It includes guidance for pension schemes and other asset owners on steps they can take to protect and enhance the value that accrues to the ultimate beneficiary. The FCA requires UK authorised asset managers to report on whether or not they apply the Code.

    The UK stewardship code is voluntary, however we would encourage workplace pensions schemes to comply with the principles set out in the code. In addition we are developing governance standards of workplace defined contribution schemes, and have asked the Law Commission to investigate how fiduciary duties currently apply in the investment chain. The Pensions Regulator’s defined contribution Code of Practice also sets out the legal requirements and standards they expect trustees of defined contribution schemes to attain. This includes a section on investment which also references the FRC Stewardship code. These initiatives are part of our on-going work to ensure schemes are governed and administered to deliver in members’ interests.

  • Lord Harrison – 2014 Parliamentary Question to the Department for Work and Pensions

    Lord Harrison – 2014 Parliamentary Question to the Department for Work and Pensions

    The below Parliamentary question was asked by Lord Harrison on 2014-03-24.

    To ask Her Majesty’s Government what assessment they have made of the case for large occupational defined benefit pension schemes to be active owners or stewards of their assets, in line with the definition of stewardship as highlighted in the Financial Reporting Council’s Stewardship Code.

    Lord Freud

    The Government supports the principles set out in the Financial Reporting Council (FRC) UK Stewardship Code including schemes becoming active stewards of their investments and reporting on that stewardship. The Code sets out a number of areas of good practice to which the FRC believes institutional investors should aspire, and operates on a ‘comply or explain’ basis. It includes guidance for pension schemes and other asset owners on steps they can take to protect and enhance the value that accrues to the ultimate beneficiary. The FCA requires UK authorised asset managers to report on whether or not they apply the Code.

    The UK stewardship code is voluntary, however we would encourage workplace pensions schemes to comply with the principles set out in the code. In addition we are developing governance standards of workplace defined contribution schemes, and have asked the Law Commission to investigate how fiduciary duties currently apply in the investment chain. The Pensions Regulator’s defined contribution Code of Practice also sets out the legal requirements and standards they expect trustees of defined contribution schemes to attain. This includes a section on investment which also references the FRC Stewardship code. These initiatives are part of our on-going work to ensure schemes are governed and administered to deliver in members’ interests.

  • Lord Harrison – 2014 Parliamentary Question to the Cabinet Office

    Lord Harrison – 2014 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by Lord Harrison on 2014-03-24.

    To ask Her Majesty’s Government what steps they are taking to incentivise good stewardship of assets by charities.

    Lord Wallace of Saltaire

    Charity trustees have a legal duty to protect their charity’s assets and resources. The Charity Commission for England and Wales has published updated guidance on stewardship of charity assets which has been widely welcomed. As part of its charity law project, the Law Commission is currently considering the powers and duties of charity trustees in relation to social investment.

  • Lord Harrison – 2014 Parliamentary Question to the Department for Communities and Local Government

    Lord Harrison – 2014 Parliamentary Question to the Department for Communities and Local Government

    The below Parliamentary question was asked by Lord Harrison on 2014-03-24.

    To ask Her Majesty’s Government what steps they are taking to encourage local authority pension schemes to take into account environmental, social and governance factors in their decisions.

    Baroness Stowell of Beeston

    These issues are matters for individual local authorities that administer pension funds to consider when deciding upon their investment strategies. Each administering authority is required to publish a statement of principles, which may address such issues. Statutory guidance states that the authority must report periodically to scheme members on the implementation of their policies.

    Notwithstanding, local authorities need to focus on delivering a good rate of return for their fund and value for taxpayers, given local government pensions cost taxpayers (via employer contributions) almost £6 billion a year.