Tag Archives: Steve Webb

Who pays the £200bn bill to protect our state pension?

  First they suspended the triple lock The triple lock has been in place for over 10 years, here is now it has done so far. The Government afforded these increases out of revenues and have made successive promises to … Continue reading

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Steve Webb’s real world where pensions are pensions.

Sometimes pension specialists need reminding of what matters to non specialists-what we call (with some embarrassment)  “real people”. That’s what Steve Webb did on Thursday, speaking to around 250 PMI members  assembled virtually and in person in the City. This … Continue reading

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If not us who? If not now -when? Let’s bring back pensions.

As someone who has priced drawdown and annuities I can tell you the NPV, RoE, RoC and DPP are far more attractive on drawdown and asset management than they were on Open Market annuities. Why else do you think there … Continue reading

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The Lords will go no further on the triple lock

House of Lords has decided to go no further on the triple lock and the legislation has now passed. Pension rise in April 2022 will be 3.1%. — Steve Webb (@stevewebb1) November 16, 2021 We should be grateful to Sir … Continue reading

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Steve Webb pours scorn on the Government’s vision for pensions

You don’t really need satire when this is how Government sees things… https://t.co/QIlhmuBxKF — Steve Webb (@stevewebb1) November 8, 2021   At yesterday’s Work and Pensions Select Committee meeting, Guy Opperman and John Glen were quizzed for two hours on … Continue reading

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Taking back control of our retirement savings.

Pensions have long been seen to have an image problem. Ever since I started selling s226 policies in the early eighties I have heard them described as a rip-off. When you look behind that complaint you get to the frustration. … Continue reading

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Why is the state pension so complicated?

  Due to the wonder of BBC sounds , you can listen to Paul Lewis, Ros Altmann and Steve Webb discussing this question (minutes 2-13); it’s well worth listening to as it is full of good tips for you , … Continue reading

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Simple pension wisdom from Steve Webb

Is Steve Webb emerging as the long awaited Martin Lewis of pensions? Webb’s deep understanding of state benefits and of the state pension in particular, coupled with a kind and liberal manner, means he is becoming much more than his … Continue reading

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How will history remember the Pension Schemes Act 2021?

  The Pension Schemes Bill received Royal Assent last week and is now enacted. Though assent is a formality, it draws the line in the sand. “What is changing”  is now “what has changed” and the work of Guy Opperman … Continue reading

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Sexy-cash is back incentivizing pension transfers – let’s nip this in the bud

When you move your pension to an AJ Bell Youinvest SIPP, we’ll reward you with between £100 and £2,000 cashback to say thank you. The more you transfer, the more you’ll get. T&Cs apply. Capital at risk. Check for benefit … Continue reading

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