Tag Archives: Steve Webb
Is work – are pensions (and is life) fair?
Reading the scope of the DWP Select Committee’s new enquiry into intergenerational fairness had me grasping for my video copy of the Meaning of Life. The inquiry aims to answer the question of whether the current generation of people in … Continue reading
“Confusion rife!” and not just over the new state pension.
The DWP Select Committee has published its report “Understanding the New State Pension” this morning. The accompanying Press release calls for clear statements of entitlement while stopping short of calling for changes to those entitlements. The Work and Pensions Committee’s … Continue reading
A right to debate or a right to restitution? #WASPI
For many of us, men retire at 65 and women at 60, that was hard coded into our learning like the multiplication tables and it’s clearly quite hard to unlearn. Steve Bee makes a good point on twitter "When is … Continue reading
Ros Altmann’s first big political test
The WASPI petition is now in the hands of a small group of parliamentarians who decide whether the petition’s 100,000 signatories have enough of a point to trigger a parliamentary debate. Large as 100,000 is, it is not so politically … Continue reading
Confusing intermediaries
Whether we are talking about saving (accumulation) or spending (decumulation) the issue is the same. Continue reading
Why now’s the time to get behind our Pensions Minister
Good pension ministers, like good football managers are hard to find and harder to keep. They are hard to find as it is a job few that are up to it would want. They are hard to keep because … Continue reading
Why I’m excited about second hand annuities.
Transparency is the great disinfectant, but disinfectant- when applied to an open wound- can be painful. It is however the only way we can recover. Continue reading
“10 years too early, 10 years too late” – CDC stands on on an empty platform
Nearly eight years ago, the Government Actuary ‘s Department produced a paper that effectively killed CDC. It argued that CDC could not be relied upon to deliver benefits with the same certainty as our DB system and that there was no … Continue reading
Pothole follows member
At one moment, as I sneakily followed the autumn statement on twitter (while supposed to be doing strategy), I heard the Chancellor remark Over the next five years the Government will spend £250m to pay for pothole repairs This has … Continue reading
Preparing for an auto-enrolment capacity crunch.
The Telegraph is running a story suggesting that the DWP are drawing up a plan B for auto-enrolment that could see the timeline for initial staging stretch to the next decade. Nannies, gardeners and staff at small firms may not get … Continue reading