Steve Webb: The full transcript

The full transcript of our interview with pensions minister Steve Webb

clock

Professional Adviser's Brendan Llewellyn interviews pensions minister Steve Webb for its The Hard Questions series...

This is the full transcript of the interview (with minor changes for readability) which took place on 8 July in London. Brendan Llewellyn (BL): Responsibility for pensions has shifted over the years from the state and, to an extent, from the employer firmly towards the individual. At the moment there is big gaping pensions gap. Is enough being done to try to narrow that gap and, if not, what else could be done? Steve Webb (SW): "I think I draw a distinction between a set of people who are adequately pensioned - people who've got a full state pension record and some historic rights und...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Autumn Budget 24: Heavily rumoured pension changes fail to emerge

Autumn Budget 24: Heavily rumoured pension changes fail to emerge

Labour chose not to target workplace pensions, despite raising taxes by £40bn

Holly Roach
clock 30 October 2024 • 3 min read
HMRC pays back £44m on overtaxed pension withdrawals

HMRC pays back £44m on overtaxed pension withdrawals

‘Outdated’ PAYE system causing headaches for people accessing pots

Jenna Brown
clock 24 October 2024 • 2 min read
Govt must act on decumulation support to ensure better outcomes

Govt must act on decumulation support to ensure better outcomes

Standard Life sets out three key decumulation policy asks

Jenna Brown
clock 23 October 2024 • 2 min read