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Steve Webb

@stevewebb1.bsky.social

Pensions Minister 2010-15; Partner LCP; all posts personal views steve.webb@lcp.uk.com

2,690 Followers  |  279 Following  |  425 Posts  |  Joined: 14.10.2023
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Posts by Steve Webb (@stevewebb1.bsky.social)

First series of the Morning Show was very good.

01.03.2026 18:01 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

And rightly so! The current estimates of pensions β€˜adequacy’ published by the government are based on β€˜triple lock forever’. Assuming the future trajectory of the state pension will be lower than this, the level of undersaving is *even bleaker* than official figures suggest.

25.02.2026 12:32 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Interesting trail from Ian Cheshire of the Pensions Commission at @standardlifeuk.bsky.social event

The commission will publish modelling based on BOTH the state pension with a triple lock AND a less generous future state pension

(even though triple lock not formally in scope)

25.02.2026 11:22 β€” πŸ‘ 2    πŸ” 3    πŸ’¬ 1    πŸ“Œ 0
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a group of penguins are walking in a line on the ground ALT: a group of penguins are walking in a line on the ground

we go live to Heard Island:

20.02.2026 15:40 β€” πŸ‘ 439    πŸ” 116    πŸ’¬ 4    πŸ“Œ 5

All you need is ten years to get something

19.02.2026 18:55 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Don't know how many, but you get some pension for 10 years in the system and you'd imagine time in the Navy would count

19.02.2026 12:00 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

If you are convicted, your state pension is suspended. if you are held but then cleared, you get the money back!

19.02.2026 11:23 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

On the plus side, as it's his 66th birthday today, Andrew Mountbatten-Windsor will have qualified for his state pension...

19.02.2026 11:10 β€” πŸ‘ 43    πŸ” 10    πŸ’¬ 5    πŸ“Œ 1

Can't help feeling that pensions stories won't be dominating the front pages tomorrow morning....

19.02.2026 11:01 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

At this very moment both the BBC News and Sky News channels are yet again showing a live speech by Nigel Farage. When will they start showing every speech by @zackpolanski.bsky.social and @eddavey.libdems.org.uk live as well?

17.02.2026 11:34 β€” πŸ‘ 1284    πŸ” 436    πŸ’¬ 74    πŸ“Œ 17
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Steve Webb has made pensioners hundreds of millions of pounds richer An unexpected upside of my column has been the wins - big and small - that have made a real difference to hundreds of thousands of people, says Steve Webb.

This Monday marked 10 years of doing a weekly column for This is Money, answering reader questions on pensions. Little did we realise the impact it would have, including forcing the Govt. to refund over Β£900m in underpaid state pensions as well as helping lots of individuals - very rewarding!

17.02.2026 09:43 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Just going to leave this here

12.02.2026 18:54 β€” πŸ‘ 2924    πŸ” 1195    πŸ’¬ 46    πŸ“Œ 32
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Today's column. On the abyss. www.thetimes.com/article/c7f8...

12.02.2026 17:42 β€” πŸ‘ 100    πŸ” 21    πŸ’¬ 7    πŸ“Œ 3

I’m guessing there will have been some raised eyebrows when this popped up in the DWP ministerial press cuttings this morning….

12.02.2026 07:53 β€” πŸ‘ 5    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Column in which I ask the important question: has Torsten Bell ever killed a man?

economist.com/britain/2026...

12.02.2026 07:26 β€” πŸ‘ 107    πŸ” 21    πŸ’¬ 28    πŸ“Œ 5

I’d started wishing Man Utd well under Carrick who seems decent … now I’ll have to go back to hoping they lose ….

11.02.2026 20:32 β€” πŸ‘ 8    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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Steve Webb: Why the Pensions Dashboard could be a bombshell A bombshell will soon be launched into the normally still waters of pensions. And, in my view, financial advisers will have a key role to play in A bombshell will soon be launched into the normally st...

My new column for Money Marketing on why the forthcoming pensions dashboard could have a bigger impact than people think - and why financial advisers could have a key role to make sure that it succeeds: www.moneymarketing.co.uk/opinion/stev...

10.02.2026 16:26 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

BRB, just googling β€œwhat happens if you get rid of your lightning rod and there is more lightning?”

08.02.2026 18:28 β€” πŸ‘ 37    πŸ” 4    πŸ’¬ 5    πŸ“Œ 0

and no I haven't put the Mandelson-Epstein-Reinaldo scoop on twitter

we journalists *can* make Bluesky the place to break news

30.01.2026 18:03 β€” πŸ‘ 2681    πŸ” 348    πŸ’¬ 66    πŸ“Œ 20

As expected, the Government has 're-taken' the WASPI compensation decision, but has come to exactly the same conclusion - no compensation. Just announced in the House of Commons.

29.01.2026 11:58 β€” πŸ‘ 56    πŸ” 14    πŸ’¬ 11    πŸ“Œ 5
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Home - A glimmer of light on the horizon

Thanks to @stevewebb1.bsky.social (and colleagues at LCP) for this very interesting report:

lcpuk.foleon.com/gender-ethni...

28.01.2026 11:48 β€” πŸ‘ 1    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
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Can my daughter still have my pension under new inheritance tax rules? If I die before my husband and still haven't touched my pension, will my daughter get this and how does this work as far as inheritance tax is concerned?

Many people assume their will determines where their money goes after they die. But with pensions it's not quite that simple. This week I reply to a reader who wants her pension pot to go to her daughter with everything else to her husband and discuss who decides what goes to whom! #pensions

26.01.2026 16:43 β€” πŸ‘ 4    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0

Anyone else having trouble telling the News and The Traitors apart tonight?

15.01.2026 22:03 β€” πŸ‘ 9    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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Kemi discovering after 15 months that Robert Jenrick has been plotting in "secret"

15.01.2026 11:24 β€” πŸ‘ 148    πŸ” 22    πŸ’¬ 1    πŸ“Œ 0

'Another Warrington has hit the North-West'.

14.01.2026 13:18 β€” πŸ‘ 298    πŸ” 50    πŸ’¬ 54    πŸ“Œ 5

One of the few things that might actually get some kind of reaction from Musk would be the government and all MPs simply leaving X.

This doesn't require regulatory or legal action. There are no barriers. They could *and should* just do it.

12.01.2026 08:53 β€” πŸ‘ 361    πŸ” 107    πŸ’¬ 20    πŸ“Œ 7
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Why is DWP refusing to admit pension error costing me Β£110 a month? I recently started paying Β£200 per month by direct debit into a personal pension as well as my works pension, to bring my contributions up to 15% of my gross salary.

My weekly column for This is Money is up. This week I respond to a reader who is paying into a personal pension (aside from a workplace pension) whilst on UC. The pension contribs should be deducted from income, but too many DWP frontline staff don't seem to know the rules!

12.01.2026 08:29 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Interesting article @peterkellner.bsky.social . The smoothed earnings link idea is how it works in Australia. Sensible, but saves very little for years. Other options available to tackle pension age issue, including a minimum guaranteed payout period - helps deprived areas most. Happy to discuss!

12.01.2026 07:52 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

There are always Trumps.

And so that is why the United States constitution has checks and balances for the misuse of presidential power.

The real story of Trump’s presidency is not only what he has done, but also what Congress and the Supreme Court have not done.

09.01.2026 00:14 β€” πŸ‘ 465    πŸ” 100    πŸ’¬ 1    πŸ“Œ 0

Interesting chart Chris - do you have a feel for how the sharp rise in women's state pension age (from 60 in 2010 to 66 in 2020) is reflected in the charts? I would assume this would be a major factor in the relative increase in women's participation rates.

08.01.2026 10:50 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0