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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Just four firms manage 80% of scheme assets, two firms planning to enter superfund market, Pensions UK says remove investment barriers

Professional Pensions
clock 19 September 2025 • 1 min read
Gresham House to buy SUSI Partners and create £10bn firm

Gresham House to buy SUSI Partners and create £10bn firm

Deal has been agreed for an undisclosed sum and is subject to regulatory approval

Patrick Brusnahan
clock 19 September 2025 • 1 min read
News Digest: BoE signals crackdown on offshore reinsurance risk in pensions

News Digest: BoE signals crackdown on offshore reinsurance risk in pensions

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 19 September 2025 • 1 min read
Trustpilot