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Steve Webb

Investment

Qualifying period for single-tier pension set at ten years

People will have to build up at least ten years of National Insurance payments or equivalent credits to be eligible for the single-tier state pension.

clock 03 December 2013 •

Investment

Aviva: Govt's 'seismic' commission shift may see 'thousands' of pensions repriced

Steve Webb's move to ban commission and active member discounts is a ‘seismic' shift for providers and will drive a completely new business model for advisers, Aviva has said.

clock 11 November 2013 •

Regulation

Webb: ABI legacy audit 'needs to happen faster'

Pensions minister Steve Webb has called on the Association of British Insurers (ABI) to conduct its audit of high-charging legacy schemes to "far faster".

clock 06 November 2013 •

Investment

Govt to set out defined ambition pension plans 'very shortly'

Pensions minister Steve Webb says the upcoming consultation on defined ambition will not set out prescriptive single-model options for enhanced defined benefit (DB) and defined contribution (DC) provision.

clock 05 November 2013 •

Investment

Govt 'must act' on collective pensions to boost savers' pots, report urges

Pension savers in defined contribution (DC) schemes could see their pots increase by a third if the government moved to introduce collective DC schemes, according to a report.

clock 05 November 2013 •

Income

Pension charge cap plans ignore 'excessive annuity margins'

The government's move to cap pension charges ignores annuity contract 'cowboys' who are ripping off retirees, the Telegraph claims.

clock 04 November 2013 •

Investment

AE charge cap could force 90,000 scheme reviews

Up to 90,000 employers would be forced to review their defined contribution (DC) schemes if a charge cap was introduced, according to a government paper.

clock 01 November 2013 •

Pensions

Charge cap would lead to 90,000 AE schemes being reviewed

Up to 90,000 employers would be forced to review their defined contribution (DC) schemes if a charge cap was introduced, according to a government impact assessment.

clock 01 November 2013 •

Investment

Steve Webb interview: Auto-enrolment - A quiet revolution

Since the coalition came to power in 2010, Steve Webb has been charged with the task of implementing auto-enrolment. Helen Morrissey spoke to the pensions minister about the first year of AE and challenges that lie ahead

clock 30 October 2013 •

Investment

Govt moves to outlaw high pension charges

Ministers have outlined the options being put forward to implement a ban on pension scheme charges above 1%.

clock 30 October 2013 •
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