Liaison Committee follow-up report: Tackling financial exclusion

On 25 May 2022, the grand committee of the House of Lords is due to debate the House of Lords Liaison Committee’s report ‘Tackling financial exclusion: A country that works for everyone? Follow-up report’. This report examines the progress made by the government and key stakeholders in implementing the recommendations made in the original 2017 select committee report on financial exclusion. It found that “four years on, financial exclusion is still highly prevalent in the UK”.

Liaison Committee follow-up report: Tackling financial exclusion

Queen’s Speech 2022: Welfare and pensions

This article looks at possible announcements in the upcoming Queen’s Speech relating to pensions and benefits. No major piece of welfare or pensions legislation has been pre-announced by the Government. However, it has committed to introduce measures that may require primary or secondary legislation. These include: reintroducing managed migration to universal credit; reforming the eligibility rules for benefits claimants with terminal illness; and reducing the minimum age for pensions auto-enrolment.

Queen’s Speech 2022: Welfare and pensions
  • In Focus

    Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill

    The Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill is a private member’s bill introduced into the House of Commons by Margaret Ferrier (Independent MP for Rutherglen and Hamilton West). It aims to clarify how occupational pension schemes can convert historic rights to certain pension entitlements into current scheme benefits. In the House of Commons stages both the Government and the Opposition supported the bill.

  • In Focus

    Social Security Benefits Up-rating Order 2022: regret motion

    The House of Lords will soon consider a regret motion on the draft Social Security Benefits Up-rating Order 2022. The order would increase some welfare benefits by around 3% from April 2022. At a time when inflation has increased significantly, the uprating has been criticised for not meeting the rising cost of living.

  • In Focus

    Economic Affairs Committee report on universal credit

    In July 2020, the House of Lords Economic Affairs Committee published a report on universal credit. It concluded that although the original aims and objectives of the benefit remained broadly correct, the system required substantial reform as its current design was causing harm to many claimants. The Government subsequently rejected most of the committee’s recommendations. The House of Lords will soon debate the committee’s report.

  • In Focus

    Mandatory vaccines for health and care workers: latest regulations

    The draft Health and Social Care Act 2008 (Regulated Activities) (Amendment) (Coronavirus) (No. 2) Regulations 2021 would place a requirement on health and social care workers who have face-to-face contact with service users, including volunteers, to provide evidence that they have been fully vaccinated against Covid-19. They would need to do so in order to be deployed, though there would be exemptions for certain staff. The policy has been met with criticism by several medical bodies.

  • In Focus

    Universal credit: motion to annul regulations impacting disabled student claimants

    The Universal Credit (Exceptions to the Requirement not to be receiving Education) (Amendment) Regulations 2021 would provide that to be eligible for universal credit, a disabled student must have a determination of limited capability for work before they start receiving education. The regulations have been met with criticism from several disability rights charities. On 13 December 2021, the House of Lords is due to debate a motion to annul the regulations.

  • In Focus

    Covid-19 pandemic: impact on people with disabilities

    3 December 2021 is the International Day of People with Disabilities. Edward Scott explores the impact of the Covid-19 pandemic on people with disabilities in the UK, including issues concerning access to services and the economic impact of the pandemic. This article also summarises the Government’s recent proposals for reform to benefits and employment support for people with disabilities.

  • In Focus

    Coronavirus: support for widows

    Over 165,000 people in the UK have died due to coronavirus or in cases where it was a contributing factor. Many of these people will have left behind partners. This In Focus looks at the support available to coronavirus widows and widowers in advance of a proposed future debate in the House of Lords.

  • In Focus

    Report of the Social Mobility Commission: ‘Social Mobility and the Pandemic’

    In July 2021, the Social Mobility Commission published its annual state of the nation report. It warned that the UK has struggled with the “damaging impact” of Covid-19 and as a result social mobility which is “already stagnant” could move backwards. This article considers the findings of the report and the Government’s policy on social mobility.

  • In Focus

    Social care funding: improving the availability of private sector insurance products

    When announcing the introduction of a cap on care costs on 7 September 2021, the Government said that it would also be working with the financial services industry to encourage it to provide more products to help individuals cover their care costs. This In Focus discusses that aim, alongside reaction from the financial services sector and committee commentary on the subject.

  • In Focus

    Cost of living: housing affordability

    This article discusses the potential impact of the end of the Coronavirus Job Retention Scheme, the removal of the temporary uplift to the standard allowance of Universal Credit and the rise in fuel prices on the cost of living and on people’s ability to pay their monthly mortgage and rental payments. It also examines recent commentary on the subject.

  • Research Briefing

    Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill

    The Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill would make provisions relating to the payment of compensation to eligible customers of London Capital & Finance plc. It would also allow the secretary of state to provide a loan to the Board of the Pension Protection Fund and for that loan to form a part of the funds of the Fraud Compensation Fund. The House of Lords second reading and remaining stages of the bill are scheduled to take place on 19 October 2021.