Steve Webb is a minister at the end of his tether

Jack Jones wonders if the Chancellor knocked the wind out of the pensions minister's sails

clock

Whenever the camera panned to Steve Webb during last week's budget, the pensions minister looked distinctly unhappy.

Whether this was because George Osborne was grabbing the glory for the biggest reform in pensions for a generation, or because he was undermining Webb's own cherished defined ambition programme, is...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

DWP publishes latest workplace pension participation statistics

DWP publishes latest workplace pension participation statistics

Employee participation rose in 2024, but opt-outs are close to 10%

Holly Roach
clock 31 July 2025 • 4 min read
Rising Star Awards 2025: Shortlists revealed!

Rising Star Awards 2025: Shortlists revealed!

Judges have carefully selected the most impressive nominees for this year’s accolades

Professional Pensions
clock 31 July 2025 • 4 min read
Rona Train: Women in pensions, 'huge' industry movements and the road to retirement

Rona Train: Women in pensions, 'huge' industry movements and the road to retirement

Hymans Robertson partner urges the industry to ‘always think of who we’re actually doing this for’

Holly Roach
clock 30 July 2025 • 6 min read
Trustpilot