Steve Webb: One political career that didn't end in failure

Malcolm McLean pays tribute to former pensions minister Steve Webb

clock

Malcolm McLean pays tribute to former pensions minister Steve Webb...

In what his party leader described as a night of pain and anguish for the Liberal Democrats, Steve Webb lost his constituency seat in Thornbury and Yate to the Conservative representative last week. He had been an MP since 1997 and, over the last five years as pension minister in the coalition government, had been instrumental in overseeing some of the biggest changes to the UK retirement market for decades. It is often said that all political careers end in failure but, in Steve's case, if in fact his political career is now at an end, that surely cannot be true. Both as an MP in opp...

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

FCA/TPR value for money framework a 'key priority' for 2024/25

FCA/TPR value for money framework a 'key priority' for 2024/25

Regulatory duo first announced a plan for common measurements in 2022

Hope Coumbe
clock 10 May 2024 • 1 min read
NAO finds estimated cost of dashboards has risen £54m

NAO finds estimated cost of dashboards has risen £54m

'The DWP must learn lessons from what happened on this programme'

Holly Roach
clock 10 May 2024 • 3 min read
FCA urged to redesign pension dashboard rules to 'prioritise customers'

FCA urged to redesign pension dashboard rules to 'prioritise customers'

AJ Bell calls on regulator to redesign the rules

Isabel Baxter
clock 09 May 2024 • 2 min read