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

AI will be part of solution to close member engagement gap, industry says

AI will be part of solution to close member engagement gap, industry says

SPP survey finds industry mostly believes AI will be part of the solution

Holly Roach
clock 29 May 2026 • 1 min read
AI, advice and accountability: How trustees can protect members in a digital age

AI, advice and accountability: How trustees can protect members in a digital age

Girish Menezes looks at the rise of AI in member decision making

Girish Menezes
clock 28 May 2026 • 4 min read
'Pivotal year' expected for superfund market as more providers set to enter

'Pivotal year' expected for superfund market as more providers set to enter

LCP said it expects any new providers will look at run-on models and value-sharing mechanisms

Holly Roach
clock 28 May 2026 • 1 min read
Trustpilot