United Kingdom · Question · Written question
UIN 204
Pension Funds: Closures
Original
Introduced
19 December 2019
Last action
13 January 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
13 January 2020
Summary
To ask the Chancellor of the Exchequer, what steps the Government has taken to prevent the closure of pension companies since the closure of Equitable Life.
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Timeline
19 December 2019
Written question
To ask the Chancellor of the Exchequer, what steps the Government has taken to prevent the closure of pension companies since the closure of Equitable Life.
Source: Commons
13 January 2020
Answer
The Government implemented a new solvency regime, set out in the Solvency II Directive, which came into force on 1 January 2016. This risk-based regulatory system, under which UK insurance companies are regulated, was developed by the European Commission ...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2019-12-19/204
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1168343
- uk · wq-1168343 · source updated 13 January 2020