Search results for 'Pensions'

Showing 281 - 300 of 368 results

  1. Opra: Tackling the risks to pension scheme members

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    Opra, the UK body responsible for regulating the governance of work-based pensions, needs to build on its achievements by focusing more closely on the risks to the members of pension schemes, according to a report published to Parliament today by Sir John Bourn, the head of the National Audit Office. The report concludes that Opra […]

  2. Department for Work and Pensions: Tackling Benefit Fraud

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    The Department for Work and Pensions have made good progress in tackling benefit fraud and estimating the level of fraud and error in key benefits, according to the National Audit Office. By March 2002 the Department had cut the estimated level of fraud and error in Income Support and Jobseeker’s Allowance by 24 per cent […]

  3. Scams and Fraud

    Fraudsters sometimes use the names of National Audit Office (NAO) staff, including the NAO Chair, the head of the NAO the Comptroller & Auditor General (C&AG), or derivatives of “National Audit Office”, in an attempt to defraud people. They may also use our address on their letters to try and trick you: One e-mail scam […]

  4. Department for Work and Pensions Resource Account 2001-02

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    Head of the National Audit Office Sir John Bourn has qualified his audit opinion on the Department for Work and Pensions’ Resource Accounts for 2001-2002 because of significant levels of estimated fraud and error in welfare benefits. As much as £3 billion may have been lost from benefit payments in 2001-2002, according to the Department’s […]

  5. Helping Those in Financial Hardship: The Running of the Social Fund

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    Sir John Bourn, head of the National Audit Office, reported today that the Social Fund plays an important role in helping people in financial hardship, and is reaching many of those in greatest need. But there is a risk that potentially eligible people are not aware of the Social Fund and that some Jobcentre Plus […]

  6. Tackling pensioner poverty: Encouraging take-up of entitlements

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    Head of the National Audit Office, Sir John Bourn, reported today that, in recognising the good progress made by the Department for Work and Pensions and other public bodies working with pensioners in encouraging benefit take up, more could be done. Although two million pensioners live in low-income households, many tens of thousand miss out […]

  7. Child Support Agency Client Funds Account 2002-2003

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    Head of the National Audit Office Sir John Bourn has qualified his opinion on the Child Support Agency’s account for the ninth year running because of historical high levels of error in maintenance assessments. Reporting to Parliament today, Sir John said that he had taken this action because, on the basis of his examination of […]

  8. Child Support Agency – implementation of the child support reforms

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    The Child Support Reforms introduced in 2003 were a final but, in the event, unsuccessful attempt to deliver the policy behind the creation of the Child Support Agency in 1993. With hindsight the Child Support Agency was never structured in a way that would enable the policy to be delivered cost-effectively. While the Reforms have […]

  9. Investigation into Police and Firefighters’ Pension Scheme Commutation factors

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    This looks at the chain of events which led to the government paying £711m in compensation to 34,000 pensioners who retired from the Police and Firefighters’ Pension Schemes between 2001 and 2006 without receiving their full pension entitlement. Due to the extent of the legal process in the case, some police and firefighters were retired for over 15 years before they received their full pension entitlement from government.

  10. The apprenticeships programme

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    This report assesses whether the apprenticeships programme is providing value for money.

  11. State Earnings-Related Pension Scheme: The failure to inform the public of reduced pension rights for widows and widower

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    A 10 year failure to update pensions leaflets correctly has caused considerable distress to many thousands of people, and will cost the taxpayer at least £2.5 billion, and probably considerably more, according to two reports to Parliament published today. The two reports* – one by Sir John Bourn, the Comptroller and Auditor General, and the […]

  12. Investigation into the government’s handling of the collapse of Carillion

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    On 15 January 2018, Carillion declared insolvency and the Official Receiver, an employee of the Insolvency Service, started to liquidate its assets and contracts. This report focuses on the role of the UK government in preparing for and managing the liquidation of Carillion.

  13. Child Maintenance Client Funds Accounts 2016-17

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    The C&AG has qualified his audit opinions on the Client Funds Accounts prepared by the Department for Work and Pensions for the 1993 and 2003 Child Maintenance Schemes on the grounds of material levels of irregular receipts and payments and misstated arrears balances. However he has given a clean audit opinion on the 2012 Child Maintenance Scheme Account after improvements in the accuracy of assessing child maintenance claims.

    14 December 2017

  14. Managing change in the Defence workforce

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    The Ministry of Defence, under pressure to make rapid financial savings, is significantly reducing the size of its workforce, by over 54,000 personnel. A report today by the National Audit Office has found that these reductions are happening in advance of the Department’s fully understanding how it will operate with significantly fewer staff.

  15. The Cancellation of the Benefits Payment Card project

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    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the failure to introduce the Benefits Payment Card had cost the Department of Social Security some £127 million in nugatory system development. Delays in the Card programme, which was part of a pioneering Private Finance Initiative (PFI) project designed also to […]

  16. Skills for life: improving adult literacy and numeracy

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    Sir John Bourn, head of the National Audit Office, reported today that the Department for Education and Skills has made a good start to its long-term strategy to improve the levels of adult literacy and numeracy in England, but there are more challenges ahead. While the Skills for Life Strategy has met its 2004 target, […]

  17. Department of Social Security Resource Accounts 2000-2001

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    There has been a reduction in the estimated loss of social security benefit through fraud and error compared to previous years, according to a National Audit Office report published today. However, the total amount of Income Support and Jobseeker’s Allowance overpaid in 2000-2001, over £1 billion, is still substantial. As a result, head of the […]

  18. Introduction of the new state pension

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    The Department for Work and Pensions successfully managed the introduction of the new state pension, but it is not yet clear whether the simplified system will encourage people to save more for their retirement.