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

List: The biggest professional trustee firms in the UK

Professional Pensions is compiling a list of professional trustee firms and is looking for your help...

Jonathan Stapleton
clock 08 May 2026 • 1 min read
Rising Star Awards 2026: Less than one week left to nominate!

Rising Star Awards 2026: Less than one week left to nominate!

Recognising and celebrating the pension industry’s rising stars

Professional Pensions
clock 08 May 2026 • 2 min read
PMI launches survey on DB investment governance

PMI launches survey on DB investment governance

Research aims to gain understanding of how DB governance is changing in practice

Professional Pensions
clock 08 May 2026 • 1 min read
Trustpilot