Webb: 2017 too late to review AE contributions

Webb said there was a risk people would be disappointed by their retirement incomes unless contributions were increased. Speaking at the Society of Pension Professionals annual conference, he added the government should not wait until minimum contributions hit 8% in 2017 before acting and called for a "day-one conversation" to establish how to raise contributions. Webb said: "People talk about this 2017 review - too late. "If you do a review in 2017 on this issue and at the end of six months decide you are going to do auto-escalation, and hopefully get a Queen's speech slot in 2018...