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United Kingdom · Question · Written question

UIN 83414

Universal Credit

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

29 November 2021

Last action

2 December 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

2 December 2021

Summary

To ask the Secretary of State for Work and Pensions, what assessment her Department has made of the potential merits of excluding (a) Lifetime ISA's, and (b) private pension savings mechanisms from universal credit capital rules.

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Timeline

  1. 29 November 2021

    Written question

    To ask the Secretary of State for Work and Pensions, what assessment her Department has made of the potential merits of excluding (a) Lifetime ISA's, and (b) private pension savings mechanisms from universal credit capital rules.

    Source: Commons

  2. 2 December 2021

    Answer

    The value of any right to receive pension under an occupational or personal pension scheme or any other pension scheme registered under section 153 of the Finance Act 2004, is already disregarded under Universal Credit capital rules.The Lifetime ISA is pr...

    Source: Written answer

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