Steve Webb
NewsWhat is going on with the gender pensions gap?
June 2023 saw the welcome publication of the first official data on the gender pension gap. However, the official data has important omissions and needs careful interpretation if the right conclusions are to be drawn.
OpinionDB transfers: Is your pension fund at risk of paying out too much?
During 2018, the Pensions Regulator has written to dozens of defined benefit scheme trustees regarding transfers out of their scheme.
- Opinion
How we can cut DB transfer delays
In an increasingly consumer-driven age, the official regulatory standards for the end-to-end time allowed for a defined benefit to defined contribution transfer look positively glacial.
- Opinion
Do we really need members to be engaged?
For most of the past half century, membership of workplace pensions in the private sector has been in steady decline.
OpinionWhat the Spring Budget had in store for pensions
One of the best things about the Spring 2017 Budget was the lack of major announcements about pensions.
- Opinion
Should Nest expand into decumulation?
In July 2016, the Department for Work and Pensions launched a three-month consultation on the future of the Nest.
- Opinion
How to make the dashboard work
Barely a week seems to go by without a new report on pensions dashboards, but what are the implications for pension schemes of the chancellor’s commitment to have a dashboard in place by 2019?
OpinionBeware of chancellors bearing gifts
In Greek mythology, the city of Troy was put under siege for ten fruitless years before the Greeks had the brainwave of pretending to be defeated and sailing off, leaving behind just a large wooden horse...
- Opinion
Webb: Why widening the AE net risks its delicate consensus
From the blog: There is currently a logical fallacy in the pensions world that runs like this: First, pensions are a Good Thing. Second, millions of people are excluded from auto-enrolment.
- Opinion
Webb: Why a soft launch is right for automatic transfers
It is sometimes claimed that all the necessary legislation to deliver a successful programme of auto-enrolment was passed by the previous government. Under this version of history, all the coalition had to do was sit and watch its success.
- Opinion
Webb: My pension schemes bill is focused on the saver's experience
Last week, I had the privilege of introducing the pension schemes bill to Parliament, and seeing it receive an unopposed second reading.
- Opinion
Webb: pension reform far from over
Thanks to auto-enrolment we are now seeing close to 4m people in the UK saving more or saving for the first time.
- Opinion
Webb: we will enable risk-sharing to meet members' certainty demand
Our programme of pensions reform is gathering momentum, but there is more to come.
- Opinion
Webb: tide finally turning on retirement saving
Figures released last week from the Office for National Statistics indicate that after decades of decline, the tide is finally turning and people are embracing pension saving.
- Opinion
Webb: It is vital we ensure value for money
2014 promises to be just as much of a watershed year for pensions as the last.