Category Archives: steve webb

Thoughts on the triple lock

Posted on June 18, 2020 by henry tapper

There’s no doubt that the unwinding of the furlough presents the Treasury with a technical problem with the triple lock. You can read the details here But that does not mean that the pensions industry can consider the state pension … Continue reading →

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DWP furloughs Gran’s pension data

Posted on May 25, 2020 by henry tapper

I’m pleased to hear that Steve Webb’s campaign to encourage us to get our (or our mother’s fair share of the state pension has already been a success. LCP report that over 20,000 people have already used its calculator and … Continue reading →

Posted in pensions, steve webb | 1 Comment

Is your Mum getting her proper state pension? – Steve Webb’s making sure!

Posted on May 23, 2020 by henry tapper

Apologies to readers whose Mums are no longer around and to younger readers whose Mums are still to retire. but the majority of people who read this blog are millennials and boomers whose Mums are drawing the state pension along … Continue reading →

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Steve Webb, LCP and Royal London

Posted on January 15, 2020 by henry tapper

We are delighted to announce that former Pensions Minister Steve Webb will be joining LCP as a partner. He will be working on our client service offering & spearheading LCP campaigns to help the pensions industry stay apace with member … Continue reading →

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Pension tax transparency a long way off

Posted on October 27, 2019 by henry tapper

    The malaise  with pension taxation goes much deeper than the immediate symptoms, the complexity of the Annual and Lifetime allowances, the obscurity of the money purchase annual allowance and the perversity of the running both net pay and … Continue reading →

Posted in pensions, steve webb, Treasury | Tagged , , , , , , | 2 Comments

Whatever happened to “pot follows member”?

Posted on April 23, 2018 by henry tapper

The Liberal pension spokesperson – the very shadowy Stephen Lloyd, has labelled the Conservative Government “incompetent” for shelving Steve Webb’s pot follows member initiative (which should have arrived in 2016). Guy Opperman, with the weight of the Government’s massive research … Continue reading →

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The circular firing squad

Posted on March 21, 2016 by henry tapper

As civil servants in the DWP enter their building in Westminster this morning , they’ll be walking into an atmosphere that makes the Thick of It look like Play School. A new Secretary of State, Stephen Crabb is in place. … Continue reading →

Posted in pensions, Pensions Regulator, Politics, Ros Altmann, steve webb | Tagged , , , , , , , , , , , , | Leave a comment

Why can’t we know what we pay for “fund management”?

Posted on December 5, 2014 by henry tapper

We have the right to know what we are paying for funds. The cost of a fund can best be defined as the difference between what you would have received from a theoretical return on the assets in the fund … Continue reading →

Posted in FSA, governance, life insurance, pension playpen, pensions, Retirement, steve webb | Tagged , , , , , , , , , , , , , , , | 4 Comments

A miserable device; – guest blog from Ralph Frank

Posted on November 19, 2014 by henry tapper

Members who cease paying into defined contribution pension arrangements often pay higher management charges than their colleagues who continue to add to their savings. This two-tier charging approach is euphemistically referred to as the ‘Active Member Discount’ (“AMD”). I guess … Continue reading →

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Steve Webb – a new model politician?

Posted on November 3, 2014 by henry tapper

    Let me declare an interest, I am a Liberal, born into a Liberal family in a part of the world where Liberalism is the natural opposition to conservatism. Steve Webb is from that part of the world, his … Continue reading →

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