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on Work and
Pensions, a portfolio he had worked in since 1999. He continued in this position until being appointed as Liberal Democrat Health spokesperson in 2005. At the end of 2006, he started a new role co-ordinating the party's manifesto for the next general election. In the first reshuffle after
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As
Pensions Minister in the Coalition government, Webb led major changes to the pensions system. The pensions 'triple-lock' guarantees that the state pension rises each year by the highest of inflation, earnings or 2.5%. One year this resulted in the highest ever cash increase in the state pension,
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In a letter dated 12 April 2010, Webb said on behalf of the
Liberal Democrats: "We are very clear that all accrued rights should be honoured: a pension promise made should be a pension promise kept. Therefore we would not make any changes to pension rights that have already been built up. I have
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In Autumn 2012, auto-enrolment was introduced for large businesses in the UK, being rolled out to smaller businesses over the next four years. Auto-enrolment automatically enrols employees into a contributory pension scheme, unless they opt out. Estimates suggest that 600,000 people were
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inquiry tabled by Webb in 2020 revealed that a large number of women were being paid state pensions below the expected rate. Some 200,000 women could now be in line for payouts averaging £13,500 to top-up the underpayment of their state pension.
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Given his increasing profile and popularity within the party due to his role as the manifesto chair, he was seen as a probable candidate for the social liberal grouping's vote in the future leadership election.
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Webb attracted media attention in March 2014, when he remarked in a television interview that due to the coalition government's pension reforms, he was relaxed if pensioners wanted to spend their savings on a
495:, Webb announced plans to link private sector pension payments to the Consumer Prices Index (CPI) instead of the Retail Prices Index (RPI), which would reduce the value of fully accrued index-linked pensions.
545:. Parliamentary rules prevented Webb from direct political lobbying for the first two years. In 2020, Webb left Royal London to take up a partner role at the consultancy Lane Clark and Peacock.
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announced that Webb had received enough nominations from MPs to run. Despite this, on 18 October, Webb announced he was not running, and would be backing
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In August 2015, it was announced Webb was becoming director of policy and external communications at the financial services mutual
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the leadership election, he was appointed
Liberal Democrat Environment, Energy, Food and Rural Affairs spokesman. Following
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announced his "General
Election Team" and an "economic recovery group" with Webb appointed as Work and Pensions spokesman.
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auto-enrolled by the end of 2013, and that by 2014, £11M per year would be added to the total UK investment in pensions,
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in London, where he specialised in researching into poverty, taxes and benefits. In 1995, he became a professor of
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confirmed that I regard accrued index-linked rights as protected." However, in July 2010, as the
Coalition
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E-Democracy Award. He also recognised the emerging potential of online social networks by joining
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Webb was also a member of the cross-party
Christians in Parliament, and vice-president of the
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and saw pensioners who were receiving the full state pension £380 a year better off.
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This article is about the
British politician. For other people of the same name, see
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constituency, which covers most of the ground originally covered by
Northavon.
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274:(born 18 July 1965) is a British pensions commentator who was previously
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had been the previous 'standard bearer' in the leadership elections in
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On 10 July 1993, Webb married Helen, a curate at his local church in
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New Media Awards and, in
February 2005, led him to win the inaugural
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685:"CPI versus RPI: impact on pensions? Punter Southall Briefing Note"
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Liberal Democrat official website. Retrieved on 14 January 2009.
814:"Pension pots 'can be used to buy Lamborghinis', says minister"
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Peter Dominiczak, Assistant Political Editor (20 March 2014).
702:"Pension changes could cost 11m Britons thousands of pounds"
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for leader, who was ultimately the successful candidate.
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Liberal Democrats (UK) MPs for English constituencies
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Clegg reveals Liberal Democrat General Election Team
812:Nicholas Watt & Larry Elliott (20 March 2014).
329:to Brian and Patricia Webb, and attended the local
1135:Members of the Privy Council of the United Kingdom
902:"Women retirees win £2.7bn for underpaid pensions"
862:"Former pensions minister Webb joins Royal London"
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888:"Steve Webb leaves Royal London – FTAdviser.com"
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849:(Supplement). 31 December 2016. p. N2.
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401:'s reshuffle in October 2008, he shadowed
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664:"Index-Linking of Public Sector Pensions"
448:(2004) and is the author of a chapter in
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407:Department for Energy and Climate Change
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518:, he lost his seat to the Conservative
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721:"Q&A: Pension automatic enrolment"
1140:People from Birmingham, West Midlands
745:. Business Life Magazine. 20 May 2014
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1155:Academics of the University of Bath
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135:1 May 1997 – 30 March 2015
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1145:Alumni of Hertford College, Oxford
468:. On 17 October 2007, the website
339:Philosophy, Politics and Economics
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424:technology, was commended in the
69:12 May 2010 – 8 May 2015
995:Parliament of the United Kingdom
939:Parliament of the United Kingdom
860:Marion Dakers (12 August 2015).
719:Peachey, Kevin (8 August 2013).
645:Clegg picking up Lib Dem backers
594:Liberal Democrat Christian Forum
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418:Liberal Democrat Christian Forum
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743:"Steve Webb, pensions Minister"
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1092:Minister of State for Pensions
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388:In 2001, Webb was promoted by
307:Minister of State for Pensions
57:Minister of State for Pensions
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392:to lead spokesperson for the
369:, Webb was elected as MP for
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347:Institute for Fiscal Studies
23:British pensions commentator
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955:Contributions in Parliament
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708:. London. 20 February 2017.
381:and again to 11,033 in the
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18:Steve Webb (disambiguation)
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904:. BBC News. 9 March 2021
345:. He then worked at the
343:Hertford College, Oxford
247:Hertford College, Oxford
1032:Constituency Abolished
550:freedom of information
609:The Future of the NHS
536:2017 New Year Honours
481:2010 general election
450:The Future of the NHS
367:1997 general election
335:Dartmouth High School
1049:Member of Parliament
1042:Constituency Created
1011:Member of Parliament
973:Record in Parliament
409:. On 8 January 2009
405:in the newly formed
331:comprehensive school
311:coalition government
279:Member of Parliament
267:Sir Steven John Webb
111:Member of Parliament
104:The Baroness Altmann
33:The Right Honourable
982:Profile: Steve Webb
866:The Daily Telegraph
771:The Daily Telegraph
1077:Political offices
1054:Thornbury and Yate
846:The London Gazette
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485:Thornbury and Yate
355:University of Bath
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959:Hansard 1803–2005
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526:Subsequent career
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325:Webb was born in
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1185:Knights Bachelor
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968:Public Whip
841:"No. 61803"
669:17 February
509:Lamborghini
445:Orange Book
403:Ed Miliband
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123:(1997–2010)
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1096:2010–2015
630:13 October
569:References
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327:Birmingham
321:Background
253:Profession
242:Alma mater
189:Birmingham
179:1965-07-18
1070:Luke Hall
1016:Northavon
1004:John Cope
872:12 August
530:Webb was
520:Luke Hall
371:Northavon
283:Northavon
281:(MP) for
210:Spouse(s)
195:, England
158:Luke Hall
146:John Cope
131:In office
121:Northavon
65:In office
985:BBC News
868:. London
787:cite web
749:18 April
727:18 April
532:knighted
440:Facebook
293:and for
256:Academic
233:Children
949:Hansard
935:Profile
908:9 March
612:. XPL.
563:Clapham
534:in the
514:In the
479:At the
436:Myspace
375:Bristol
365:At the
353:at the
309:in the
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825:14 May
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723:. BBC
688:(PDF)
297:from
285:from
221:(
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1021:1997
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729:2015
671:2011
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614:ISBN
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462:1999
438:and
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299:2010
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173:Born
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