Webb to 'watch industry like a hawk' post-Budget

Speaking at the Liberal Democrats Autumn conference in Glasgow yesterday, Webb said that consumers must be the centre of product innovations carried out in light of the flexibilities. He said: "While it is difficult to regulate products that don't yet exist, I am clear as a Liberal Democrat that we must watch the industry like a hawk and step in if necessary to make sure we do not have a repeat of some of the past horror stories for which the pensions industry has unfortunately become all too well known. " The minister hailed the success of auto-enrolment, which celebrates two years t...