Pensions transferred to AEA Technology when it was privatised
Published on:Former UKAEA employees who transferred to a privatised company spent a decade seeking resolution from government after their pensions fell in value.
Former UKAEA employees who transferred to a privatised company spent a decade seeking resolution from government after their pensions fell in value.
This Departmental Overview is one of 17 we have produced covering our work on each major government department. It summarises our work on the Department for Work and Pensions during 2010-2011.
This privacy statement explains how the Comptroller and Auditor General (C&AG) and the National Audit Office (NAO) use and protect any data they hold about you. This statement also summarises your rights in relation to that data.
The DWP has had to delay the Personal Independence Payment programme’s roll-out and reduce expected savings during this Spending Review period.
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.
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.
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 […]
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 […]
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.
The Comptroller and Auditor General has today reported on the Child Maintenance and Enforcement Commission’s Client Funds Account 2008-09 and 2009-10.
We have published a series of reports which explore some of the major risks to public finances highlighted in the Whole of Government Accounts (WGA).
This memorandum has been prepared for the Scottish Affairs Committee and provides an overview of the Health and Safety Executive’s work in Scotland.
This paper sets out how we used instrumental variables to estimate the impact of benefit sanctions on the employment outcomes of sanctioned individuals in the Work Programme – a large welfare-to-work programme for the long-term unemployed.
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 […]
The Whole of Government Accounts provide a unique perspective owing to their reach and approach to measuring the government’s financial performance and position.
Reported fraud in Employment Programmes is low despite past flaws such as in the New Deal. New improvement controls are better, yet risks remain.
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 […]
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.
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.
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).