PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
Dont have an account?Sign up here
Prime minister David Cameron is on a regional tour Deputy prime minister Nick Clegg and UKIP leader Nigel Farage take part in a debate on Europe The Department of Health makes an announcement on the think autism initiatives Pension... Continue to article
Steve Webb said the Government wanted to give people more choice about what to do with their pensions. "It is overdue, because for too long people have been ripped off essentially on pension charges; they are very complicated, very ... Continue to article
The Government will inject further transparency into the pensions industry by introducing "full standardised disclosure of all costs and changes", the Pension Minister told MPs today. Steve Webb revealed new details of the Governmen... Continue to article
Steve Webb acknowledged there was a “lot of detail” yet to be agreed on the Government’s pensions shake-up. “I’ve been talking about freeing up the annuity market for well over a decade. The idea that we give people more choice, the Gove... Continue to article
The Pensions Minister has hailed the Government's "pensions revolution" and said more details on the planned overhaul will be given next week. In yesterday's Budget, the Chancellor announced that people would have “more control” over... Continue to article
Steve Webb said a higher basic state pension meant people could do what they wanted with their private pension money. "The first thing we’ll make sure happens is we will have a guidance guarantee, so every pension scheme will have a lega... Continue to article
This cd be called Steve Webb budget - Lib Dem pensions minister gets some big wins overhauling pension system scrapping annuity restrictions
Prime minister David Cameron continues his visit to Israel and the Occupied Palestinian Territories Business secretary Vince Cable will deliver a speech on Scottish independence (13.00) and is expected to announce £10m in funding for the... Continue to article
Workers must brace themselves for a state pension age of 67 or older becoming the norm, a leading thinktank has warned. In a report published yesterday, the Organisation for Economic Co-operation and Development said that "67 – or higher – is becoming the new 65", while the Association of British Insurers warned of a "chronic savings gap". Lib Dem Pensions Minister Steve Webb responded: ‘It is vital that our pension system remains sustainable for the 21st century."
16/12/2011 in Welfare
The Government wants to removes complexities from the pensions system in order to abolish short service refunds for defined contribution occupational schemes, which leave people without the full value of their pension. Outlining the moves Steve Webb, the Pensions Minister, said he wanted to make it as easy as possible for employees to "grow big fat pension pots".
Junior minister Steve Webb has has said that Iain Duncan Smith's plans for reforms to Brtiain's benefit system may not happen for four years. Lib Dem MP Mr Webb told activists at their party conference what he called long-term reforms of the system must not be dropped in the rush to save money.
Private sectors workers could lose inflation protection on their pensions, The Financial Times reports. The Government is said to be looking into implementing reforms considered "too unpalatable" a decade ago. Pensions Minister Steve Webb said that the changes could help reduce employers' costs and prevent the closure of defined benefit plans.
Millions of people will find it easier to combine small pension pots from previous employments under a proposal being considered by insurers, the Financial Times reports. The Association of British Insurers is working with the Department of Work and Pensions to lighten the current regulatory requirements. The Pensions Minister, Steve Webb, has said that he wants to make it easier for people to bring together small pension funds to create "big fat pots". The news comes as a report published today shows that those with private pension may be up to 30% worse off compared with those who finished work before 2008.
The Government is set to offer concessions to the 2.6m women adversely affected by controversial pension changes which mean they have to wait two years extra before claiming their pensions. The Government are reportedly thrashing out plans which are set to reduce the time they will have to wait to between 15 and 18 months. Pensions minister Steve Webb yesterday told the Lib Dem conference that the "crucial thing for us is fairness" on women's pensions.
17/04/2014 on BBC News
27/03/2014 on BBC News
23/03/2014 on Sunday Politics, BBC One
20/03/2014 on BBC News
28/11/2013 on Today, BBC Radio 4
Summaries and transcripts from TV and radio
6 hours ago on Channel 4 News
6 hours ago on Channel 4 News
24/04/2014 on BBC News
3 hours ago