The Latest Breaking News from Steve Webb

Criticism over letters asking bereaved relatives to return pension overpayments

Sir Steve Webb said the letters from the Department for Work and Pensions do not make clear that repaying the money is voluntary.

Evening Standard · Feb 8, 2025

Not case for triple lock ‘indefinitely’ minister who introduced it suggests

Former Liberal Democrat MP Sir Steve Webb served as pensions minister in the coalition government, thinks there is still a case for keeping it now.

Evening Standard · Jan 18, 2025

Teachers, nurses and civil servants ‘could be offered higher pay for lower pensions’

Reform which could affect the NHS, schools and Whitehall and could help avoid future strikes over wages, has been branded ‘dangerous’ by some unions

The Independent UK · Dec 31, 2024

Pension ‘megafunds’: How do they work and is bigger always better?

Reforms will be introduced under a new Pension Schemes Bill next year, as part of Government plans to boost economic growth.

Evening Standard · Nov 14, 2024

‘I despair as debts mount’: teachers’ pension delays put lives on hold

Logjam in pension pot valuations is ‘causing huge distress’ and costing money for divorcing couples

The Guardian - UK · Oct 19, 2024

How much state pensions are set to rise in April as Government 'face £100m bill'

The state pension increases in line with whichever is the highest of earnings growth, CPI inflation in September of the previous year, or 2.5

The National (Scotland) · Oct 16, 2024

Reeves mulling national insurance on employer pension contributions

Treasury officials examining potential levy that experts say could raise as much as £17bn for the exchequer

The Guardian - UK · Oct 9, 2024

State pension: Will retirees feel better or worse off in the months ahead?

Wage growth figures released on Tuesday suggest some pensioners will see an annual state pension increase of around £460 next year.

The Independent UK · Sep 10, 2024

There’s no need to cut poorer pensioners’ income. Smarter winter fuel solutions are at hand

Payments could be restricted to those living in lower council tax bands, as money expert Martin Lewis has suggested, writes former pensions minister Steve Webb

The Guardian - UK · Sep 7, 2024

Most pensioners in poverty will lose Winter Fuel Payment, research shows

MOST pensioners in poverty will lose their Winter Fuel Payment (WFP) under Labour UK Government cuts according to fresh analysis.

The National (Scotland) · Sep 4, 2024