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Steve Webb

uncategorised

Auto-enrolment loopholes closed for small firms

The exclusion of micro-employers from auto-enrolment was ruled out due to the number of employees that would be excluded and "substantial" practical issues.

clock 27 October 2010 •

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Under 10% of firms will level-down pension schemes: Webb

Pensions minister Steve Webb offered reassurance auto-enrolment and NEST would not lead businesses to ‘dumb down' their pension schemes.

clock 27 October 2010 •

uncategorised

DWP simplifies criteria for 'good' pension schemes

The auto-enrolment review has proposed radically simplifying the certification process for existing workplace schemes.

clock 27 October 2010 •

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Raising NEST limit excludes millions of women

Pensions minister Steve Webb has admitted over 500,000 women would be excluded from NEST under plans to raise the earnings threshold for inclusion from £5,035 to £7,500.

clock 26 October 2010 •

uncategorised

Govt helps 350,000 people track down forgotten pensions

The DWP's free Pension Tracing Service has helped 350,000 people find out if they are eligible for a workplace pension pot from previous employers.

clock 13 October 2010 •

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Older People's Day fails to impress

Today is national Older People’s Day, but some are less than enamored with the DWP’s gesture towards “the important contribution older people make to society”.

clock 01 October 2010 •

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DWP expects 800,000 to turn 65 in 2012

The number of people turning 65 in 2012 is predicted to be 806,000, representing a huge influx into the state pension system, according to the DWP.

clock 21 September 2010 •

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Default retirement age could be scrapped by October 2011

The government is proposing to scrap the default retirement age of 65 by October next year, it today confirmed.

clock 29 July 2010 •

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Strong state pension vital-Webb

Strengthening state pension provision is key to helping people develop a decent income in retirement, according to pensions minister Steve Webb.

clock 13 July 2010 •

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Government to link private sector schemes to CPI

The Government is set to index private sector pension increases to the CPI in a move that could cut £100bn from scheme liabilities.

clock 08 July 2010 •
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