Blog: Webb's state pension 'bombshell' is designed to divide

The pensions minister this weekend showed he is no fool when it comes to political posturing.

clock

The pensions minister this weekend showed he is no fool when it comes to political posturing.

Yesterday's interview with the Observer told us nothing most pensionistas didn't know already; the state pension age rise will not stop at 66 in 2020. We all knew a rise to 67, probably by 2026, was on the cards. Drawing attention to this fact again looks initially like an own goal, but scratch deeper and it is clear Webb is playing a long game. The Observer's front page headline about "the new pension bombshell" made everyone who read it, despite their political leanings, feel a little sorrier for themselves. This will stand the Coalition in good stead, Tom McPhail, head of pensio...

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 uncategorised

Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read
Last chance: MPS conference to explore different approaches in shifting landscape

Last chance: MPS conference to explore different approaches in shifting landscape

Takes place in London tomorrow

Professional Adviser
clock 01 June 2026 • 1 min read
Women in Financial Advice Awards 2026: Nominations close today!

Women in Financial Advice Awards 2026: Nominations close today!

Awards to be held at Hilton Bankside in London

Professional Adviser
clock 08 May 2026 • 1 min read