Rules governing “gold plated” company pension plans could be relaxed to encourage take up of newer, less riskier plans, says Steve Webb
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FT 1 day ago (via ft.com)
Steve Webb said scrapping index-linking could reduce employers’ costs and ultimately help prevent the closure of generous defined benefit plan
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FT on 13th Jan 2012 (via ft.com)
FTAdvisor.com reports: Steve Webb MP has raised fears about pensions’ poor image and how low interest rates and quantitative easing have damaged annuities. The Pensions Minister, who said the government is going to use employers to promote pensions and auto-enrolment, described auto-enrolment as being like a Ming vase – “very precious, but very fragile”. He
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LiberalDemocratVoice on 20th Nov 2011 (via libdemvoice.org)
I think you can guess who this quote is about… but here is what Andrew Hilton wrote in the Evening Standard this week: [Steve Webb] is the best pensions minister we have had in a generation. Hat-tip: Vote Clegg, Get Clegg
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LiberalDemocratVoice on 23rd Oct 2011 (via libdemvoice.org)
Steve Webb, speaking to Lib Dem conference: I found out that I was, indeed, the 11th different pensions minister in the last 14 years.
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LiberalDemocratVoice on 22nd Sep 2011 (via libdemvoice.org)
The other day, someone came up to me and said: “Steve, you’re an above-average pensions minister!” In a world where praise can be a bit hard to come by, I took that as a compliment. But he quickly said: “No, I didn’t mean that you’re good at your job, I meant you’ve survived longer than
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LiberalDemocratVoice on 21st Sep 2011 (via libdemvoice.org)
The impact of changes in retirement rules will be "eased" so women in their 50s are not unfairly penalised, Pensions Minister Steve Webb has said.
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Telegraph on 21st Sep 2011 (via telegraph.feedsportal.com)
Steve Webb tells the Liberal Democrat conference that the level of charges on pensions is also one of his top priorities
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FT on 20th Sep 2011 (via ft.com)
Steve Webb, the pensions minister, addressed Liberal Democrat conference 2011. This is his speech in full.
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Telegraph on 20th Sep 2011 (via telegraph.feedsportal.com)
Bank of England and other central banks to start lending to European banks that are struggling to borrow.
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Telegraph on 17th Sep 2011 (via telegraph.feedsportal.com)