Search results for 'Pensions'

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  1. Personal Independence Payment: early progress

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    The DWP has had to delay the Personal Independence Payment programme’s roll-out and reduce expected savings during this Spending Review period.

  2. Means Testing

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    It will be difficult for government departments to achieve value for money from means-tested benefits unless government understands the impacts of means testing, learns from past experience and improves coordination between different benefits.

  3. Social Fund White Paper Account 2010-11

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    The C&AG has qualified the Social Fund Account for the eighth consecutive year. The account has been qualified because of material levels of error in discretionary awards, which include Budgeting Loans, Crisis Loans and Community Care Grants, and in Funeral Expense Payments. He has also qualified, for the first time, his opinion on Cold Weather Payments.

  4. Department for Work and Pensions Pension Protection Fund

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    The Pension Protection Fund, which protects private sector pensions, has delivered value for money in terms of investing efficiently and preparing adequately for the potential impact of future claims, a National Audit Office report says today. The Fund must take steps to ensure that it continues to deliver value for money in the future, particularly […]

  5. Universal Credit: progress update

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    The DWP has reset Universal Credit on a sounder basis but at significant cost, by extending the time for implementation and choosing a more expensive approach.

  6. Right data, right place, right time

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    Have you ever had the frustration of having to provide the same information about yourself to different government services? Have you ever had to make decisions without information about what does and doesn’t work? Data is fundamental to delivering public services, improving systems and processes, and supporting sound decisions – but accessing accurate data is […]

  11. Managing government borrowing

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    The environment for government borrowing has become more challenging in recent years, a new National Audit Office (NAO) report finds. The independent public spending watchdog’s report Managing government borrowing examines how public bodies are pursuing the government’s debt management objectives, and how they manage the risks of borrowing1. The report found that government’s borrowing needs […]

  13. The impact of the 2007-08 changes to public service pensions

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    Changes made in 2007-08 to public service pension schemes are on course to deliver savings and stabilise pension costs. However the value for money of the changes cannot be demonstrated in the absence of a strategic assessment of their long term impact on staff motivation and retention.

  15. The cost of public service pensions

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    There has been much public discussion about the affordability of public service pensions. To inform that debate, the National Audit Office has today published a report designed to bring greater transparency to, and understanding of, the cash costs involved. Today’s report found: Total payments to more than 2 million pensioners in the UK’s four largest […]

  16. Spinning-out MyCSP as a mutual joint venture

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    MyCSP has the potential to be good value for money with a projected saving of 50 per cent on costs, but the Cabinet Office and MyCSP still face many large challenges in transforming the service.

  17. Department for Work and Pensions: Resource Accounts 2009-10

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    The Comptroller and Auditor General has qualified the 2009-10 accounts of the DWP, which have been qualified every year since 1988-89, because of the material level of fraud and error in expenditure on state benefits.

  18. Internal Audit in Practice Case Studies

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    The Institute of Internal Auditors and the NAO released a set of case studies illustrating some of the key principles of effective internal auditing, taken from a range of public and private sector organisations (including British Telecom, Department for Work and Pensions, EDF etc).

  19. Social Fund Account 2009-10

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    The C&AG has qualified the Social Fund Account for the seventh consecutive year. The account has been qualified because of material levels of error in discretionary awards, and in Funeral Expense Payments. He has also qualified, for the first time, his opinion on Sure Start Maternity Grants.