Latest articles from Steve Webb

What is going on with the gender pensions gap?

Laura Myers

June 2023 saw the welcome publication of the first official data on the gender pension gap1. However, the official data has important omissions and needs careful interpretation if the right conclusions are to be drawn. 

DB transfers: Is your pension fund at risk of paying out too much?

Steve Webb

When it comes to defined benefit transfers, it is important to focus on striking a balance between being fair to members transferring out and the majority who are left behind, says Royal London's Steve Webb.

How we can cut DB transfer delays

Royal London's Steve Webb discusses the main causes of defined benefit to defined contribution transfer delays, and how they can be addressed. 

Do we really need members to be engaged?

Royal London's Steve Webb says employers looking for maximum bang for their buck should look to inertia rather than relying on engagement to effect change.

What the Spring Budget had in store for pensions

Steve Webb

Royal London’s Sir Steve Webb unpicks the Spring Budget and explains what else we can expect that could have an effect on pensions.

Should Nest expand into decumulation?

Royal London's Steve Webb gives his view on whether Nest should enter the decumulation market.

How to make the dashboard work

Steve Webb, from insurer Royal London and formerly pensions minister, looks at the dashboard’s pitfalls and potential.

Beware of chancellors bearing gifts

Steve Webb

The Lifetime Isa announced in Wednesday's Budget could have lasting effects on workplace pension saving – and be a precursor to more change, says Royal London's Steve Webb.

Webb: Why widening the AE net risks its delicate consensus

From the blog: There is currently a logical fallacy in the pensions world that runs like this: First, pensions are a Good Thing. Second, millions of people are excluded from auto-enrolment.

Conclusion: We must bring millions more people into auto-enrolment.

While I agree with the premise, the conclusion simply does not follow.

Click here to read the full blog post

Webb: Why a soft launch is right for automatic transfers

Talking head: Pensions minister Steve Webb makes his case for phasing-in automatic transfers with an opt-in process for pot-follows-member, and details the government's next steps.