Steve Webb
@stevewebb1.bsky.social
Pensions Minister 2010-15; Partner LCP; all posts personal views [email protected]
Reposted by Steve Webb
Reposted by Steve Webb
Today @stevewebb1.bsky.social and I released a report setting out our views on where State Pension Age (SPA) needs to go. We submitted to this to the Government SPA review last month.
We recommend sharp increases to SPA, but with a guaranteed payout of 5 years. 🧵
www.lcp.com/en/insights/...
We recommend sharp increases to SPA, but with a guaranteed payout of 5 years. 🧵
www.lcp.com/en/insights/...
Where next for State Pension Age?
Experts at LCP have proposed major changes to the UK's State Pension system, designed to make it more sustainable while ensuring it remains fair for those with lower life expectancy.
www.lcp.com
November 8, 2025 at 9:38 AM
Today @stevewebb1.bsky.social and I released a report setting out our views on where State Pension Age (SPA) needs to go. We submitted to this to the Government SPA review last month.
We recommend sharp increases to SPA, but with a guaranteed payout of 5 years. 🧵
www.lcp.com/en/insights/...
We recommend sharp increases to SPA, but with a guaranteed payout of 5 years. 🧵
www.lcp.com/en/insights/...
Reposted by Steve Webb
Paul Johnson would actually like the economy to work better for all, to see incomes grow and social mobility expand. He supports effective pro-growth policies. He is less keen on posturing politicians who pretend they have simple solutions and whose policies would damage all the above.
October 30, 2025 at 8:12 AM
Paul Johnson would actually like the economy to work better for all, to see incomes grow and social mobility expand. He supports effective pro-growth policies. He is less keen on posturing politicians who pretend they have simple solutions and whose policies would damage all the above.
Reposted by Steve Webb
Farage: epic grifter
October 27, 2025 at 12:45 PM
Farage: epic grifter
Reposted by Steve Webb
Everything you ever wanted to know about pensions (but were afraid to ask)...
My colleague (and former Pensions Minister) @stevewebb1.bsky.social now has his own YouTube channel - a free searchable library of 3-minute explainer videos on pension topics.
www.youtube.com/@stevewebbexplains
My colleague (and former Pensions Minister) @stevewebb1.bsky.social now has his own YouTube channel - a free searchable library of 3-minute explainer videos on pension topics.
www.youtube.com/@stevewebbexplains
October 23, 2025 at 12:00 PM
Everything you ever wanted to know about pensions (but were afraid to ask)...
My colleague (and former Pensions Minister) @stevewebb1.bsky.social now has his own YouTube channel - a free searchable library of 3-minute explainer videos on pension topics.
www.youtube.com/@stevewebbexplains
My colleague (and former Pensions Minister) @stevewebb1.bsky.social now has his own YouTube channel - a free searchable library of 3-minute explainer videos on pension topics.
www.youtube.com/@stevewebbexplains
Reposted by Steve Webb
People who have come to the United Kingdom legally, played by the rules and made it their home do not need to “go home”. This is their home.
I've written to Kemi Badenoch to give her the chance to reject these divisive calls from her frontbencher Katie Lam.
I've written to Kemi Badenoch to give her the chance to reject these divisive calls from her frontbencher Katie Lam.
October 22, 2025 at 8:32 AM
People who have come to the United Kingdom legally, played by the rules and made it their home do not need to “go home”. This is their home.
I've written to Kemi Badenoch to give her the chance to reject these divisive calls from her frontbencher Katie Lam.
I've written to Kemi Badenoch to give her the chance to reject these divisive calls from her frontbencher Katie Lam.
If the Chancellor were to cap or scrap tax-free lump sums from your pension, could she literally do it 'over night' on Budget Day? This is a reader question to which I reply in my column this week. I'm pretty sceptical that this will happen, but people are obviously concerned. #pensions
Could pension tax-free cash be slashed right away on Budget day?
If changes are proposed will they take effect immediately, or at the start of the next tax year, or do the possible changes need to be agreed through parliament?
www.thisismoney.co.uk
October 20, 2025 at 10:06 AM
If the Chancellor were to cap or scrap tax-free lump sums from your pension, could she literally do it 'over night' on Budget Day? This is a reader question to which I reply in my column this week. I'm pretty sceptical that this will happen, but people are obviously concerned. #pensions
Reposted by Steve Webb
Man United fans asking Starmer to intervene and prevent them from going to matches
October 18, 2025 at 11:22 AM
Man United fans asking Starmer to intervene and prevent them from going to matches
Reposted by Steve Webb
“When you take over the world, remember how polite I was”.
A fellow train passengers justifies her position on saying “please” and “thank you” whilst using #ChatGPT
A fellow train passengers justifies her position on saying “please” and “thank you” whilst using #ChatGPT
October 9, 2025 at 10:28 AM
“When you take over the world, remember how polite I was”.
A fellow train passengers justifies her position on saying “please” and “thank you” whilst using #ChatGPT
A fellow train passengers justifies her position on saying “please” and “thank you” whilst using #ChatGPT
Reposted by Steve Webb
The reason the Right are so invested in the myth that the arts have no value isn’t because the arts don’t generate wealth (they do); it’s that studying the arts teaches people to imagine better ways of judging the value of an idea than by counting how much money it makes…
October 8, 2025 at 1:41 PM
The reason the Right are so invested in the myth that the arts have no value isn’t because the arts don’t generate wealth (they do); it’s that studying the arts teaches people to imagine better ways of judging the value of an idea than by counting how much money it makes…
Reposted by Steve Webb
@joxley.jmoxley.co.uk is always good, but this - on post-literate political communication - is really, really good. www.joxleywrites.jmoxley.co.uk/p/playing-po...
October 4, 2025 at 4:26 PM
@joxley.jmoxley.co.uk is always good, but this - on post-literate political communication - is really, really good. www.joxleywrites.jmoxley.co.uk/p/playing-po...
Reposted by Steve Webb
Lib Dem Tim Farron MP: "I'm a proud patriot, but I am no nationalist...You can tell the difference.
"Patriots love their country. Nationalists hate their neighbours. I am a patriot."
He says he's ashamed racists have tried to steal the flag.
Farron hits out at the "poison of nationalism".
"Patriots love their country. Nationalists hate their neighbours. I am a patriot."
He says he's ashamed racists have tried to steal the flag.
Farron hits out at the "poison of nationalism".
September 20, 2025 at 6:02 PM
Lib Dem Tim Farron MP: "I'm a proud patriot, but I am no nationalist...You can tell the difference.
"Patriots love their country. Nationalists hate their neighbours. I am a patriot."
He says he's ashamed racists have tried to steal the flag.
Farron hits out at the "poison of nationalism".
"Patriots love their country. Nationalists hate their neighbours. I am a patriot."
He says he's ashamed racists have tried to steal the flag.
Farron hits out at the "poison of nationalism".
Very much agree with this - defections in themselves don’t change a lot, but they are a strong signal of the relative health of the ‘ceding’ party and the ‘receiving party’!
NEW BLOGPOST
Tory-Reform defections are increasing, and the Cons should be worried. Not because of the value of the "talent" they are losing, but because it's market signal that they are no longer the party to build a career with on the right.
open.substack.com/pub/joxleywr...
Tory-Reform defections are increasing, and the Cons should be worried. Not because of the value of the "talent" they are losing, but because it's market signal that they are no longer the party to build a career with on the right.
open.substack.com/pub/joxleywr...
Crossing the Reformicon
Why Tory defections are starting to matter.
open.substack.com
September 19, 2025 at 2:43 PM
Very much agree with this - defections in themselves don’t change a lot, but they are a strong signal of the relative health of the ‘ceding’ party and the ‘receiving party’!
Reposted by Steve Webb
Reminds me of this gag-
September 16, 2025 at 9:20 PM
Reminds me of this gag-
Average earnings up 4.7% in latest ONS figures - this is likely to drive the 'triple lock' increase next April. New state pension will be less than £1 per week under the income tax threshold in 2026, and will exceed it in 2027.
September 16, 2025 at 6:29 AM
Average earnings up 4.7% in latest ONS figures - this is likely to drive the 'triple lock' increase next April. New state pension will be less than £1 per week under the income tax threshold in 2026, and will exceed it in 2027.
Reposted by Steve Webb
Tweaking NI thresholds to make employing part time workers vastly more expensive is one of the craziest things a party of labour could possibly do. Single mums, full time students, all the workers who efficiently fill gaps, punished.
September 9, 2025 at 11:33 PM
Tweaking NI thresholds to make employing part time workers vastly more expensive is one of the craziest things a party of labour could possibly do. Single mums, full time students, all the workers who efficiently fill gaps, punished.
Reposted by Steve Webb
Few things make me feel as nuts these days as having conversations with friends in aid about how global humanitarian aid has effectively been destroyed - which is going to kill millions, and is already killing them - then shifting back to normal discourse, where basically no one talks about it.
September 9, 2025 at 4:10 PM
Few things make me feel as nuts these days as having conversations with friends in aid about how global humanitarian aid has effectively been destroyed - which is going to kill millions, and is already killing them - then shifting back to normal discourse, where basically no one talks about it.
My column this week for This is Money responds to a reader who used ChatGPT to answer a question about pensions and IHT. The answer is 'kind of' correct, but the reader had drawn the wrong conclusion! www.thisismoney.co.uk/money/pensio...
Has AI worked out my inheritance tax correctly? STEVE WEBB replies
According to AI, the pension will not be 'part of the estate' because it is in trust. So it can't be used to pay off the debts of the estate.
www.thisismoney.co.uk
September 9, 2025 at 2:18 PM
My column this week for This is Money responds to a reader who used ChatGPT to answer a question about pensions and IHT. The answer is 'kind of' correct, but the reader had drawn the wrong conclusion! www.thisismoney.co.uk/money/pensio...
Looks like an additional round of ministerial announcements - mostly ministers of state - has just landed: www.gov.uk/government/n...
Ministerial appointments: September 2025
The King has been pleased to approve the following appointments.
www.gov.uk
September 6, 2025 at 4:01 PM
Looks like an additional round of ministerial announcements - mostly ministers of state - has just landed: www.gov.uk/government/n...
Hope you had your mobile phone with you @torstenbell.bsky.social …!
We are out talking to residents year round - it’ll never be true you just see me and the @swanseawestclp.bsky.social team come election time. Sketty door-knocking last night and…
September 6, 2025 at 1:16 PM
Hope you had your mobile phone with you @torstenbell.bsky.social …!
Great that Radio 4 Moneybox and BBC Breakfast are continuing to raise awareness of unclaimed Home Responsibilities Protection!
September 6, 2025 at 1:15 PM
Great that Radio 4 Moneybox and BBC Breakfast are continuing to raise awareness of unclaimed Home Responsibilities Protection!
Reposted by Steve Webb
September 6, 2025 at 6:31 AM
Pensions Minister Torsten Bell has always been one to watch for swift promotion ….
September 5, 2025 at 2:23 PM
Pensions Minister Torsten Bell has always been one to watch for swift promotion ….
Reposted by Steve Webb
Reposted by Steve Webb
Can the UK pension system adapt to an ageing population?
In Episode 6, I talk with former Pensions Minister @stevewebb1.bsky.social about:
🕰️ Future of the State Pension & Triple Lock
👥 Retirement for today's workers
🏠 Housing costs for future pensioners
💔 Widowhood
🎧 www.lcp.com/en/podcasts/...
In Episode 6, I talk with former Pensions Minister @stevewebb1.bsky.social about:
🕰️ Future of the State Pension & Triple Lock
👥 Retirement for today's workers
🏠 Housing costs for future pensioners
💔 Widowhood
🎧 www.lcp.com/en/podcasts/...
Retirement in an ageing society
This week, Stuart McDonald chats with Steve Webb, former UK Pensions Minister and Partner at LCP, about how demographic change is reshaping pensions and retirement.
www.lcp.com
September 3, 2025 at 7:50 AM
Can the UK pension system adapt to an ageing population?
In Episode 6, I talk with former Pensions Minister @stevewebb1.bsky.social about:
🕰️ Future of the State Pension & Triple Lock
👥 Retirement for today's workers
🏠 Housing costs for future pensioners
💔 Widowhood
🎧 www.lcp.com/en/podcasts/...
In Episode 6, I talk with former Pensions Minister @stevewebb1.bsky.social about:
🕰️ Future of the State Pension & Triple Lock
👥 Retirement for today's workers
🏠 Housing costs for future pensioners
💔 Widowhood
🎧 www.lcp.com/en/podcasts/...