Steve Webb
stevewebb1.bsky.social
Steve Webb
@stevewebb1.bsky.social
Pensions Minister 2010-15; Partner LCP; all posts personal views steve.webb@lcp.uk.com
Reposted by Steve Webb
and no I haven't put the Mandelson-Epstein-Reinaldo scoop on twitter

we journalists *can* make Bluesky the place to break news
January 30, 2026 at 6:03 PM
As expected, the Government has 're-taken' the WASPI compensation decision, but has come to exactly the same conclusion - no compensation. Just announced in the House of Commons.
January 29, 2026 at 11:58 AM
Reposted by Steve Webb
Thanks to @stevewebb1.bsky.social (and colleagues at LCP) for this very interesting report:

lcpuk.foleon.com/gender-ethni...
Home - A glimmer of light on the horizon
lcpuk.foleon.com
January 28, 2026 at 11:48 AM
Many people assume their will determines where their money goes after they die. But with pensions it's not quite that simple. This week I reply to a reader who wants her pension pot to go to her daughter with everything else to her husband and discuss who decides what goes to whom! #pensions
Can my daughter still have my pension under new inheritance tax rules?
If I die before my husband and still haven't touched my pension, will my daughter get this and how does this work as far as inheritance tax is concerned?
www.thisismoney.co.uk
January 26, 2026 at 4:43 PM
Reposted by Steve Webb
Anyone else having trouble telling the News and The Traitors apart tonight?
January 15, 2026 at 10:03 PM
Reposted by Steve Webb
Kemi discovering after 15 months that Robert Jenrick has been plotting in "secret"
January 15, 2026 at 11:24 AM
Reposted by Steve Webb
'Another Warrington has hit the North-West'.
Politicians: don't use AI to make your maps.
January 14, 2026 at 1:18 PM
Reposted by Steve Webb
One of the few things that might actually get some kind of reaction from Musk would be the government and all MPs simply leaving X.

This doesn't require regulatory or legal action. There are no barriers. They could *and should* just do it.
Liz Kendall to give a Commons statement today on online regulation. She wrote this Telegraph piece, calling this a tipping point.

I'd like to hear govt + the regulator show that they are taking the full range of unlawful content seriously - not just one strand

www.telegraph.co.uk/news/2026/01...
Sexual deepfakes are a disgrace – and we won’t stand for it
This Government is as determined to ensure women and girls are safe online as we are to ensure they are safe in the real world
www.telegraph.co.uk
January 12, 2026 at 8:53 AM
My weekly column for This is Money is up. This week I respond to a reader who is paying into a personal pension (aside from a workplace pension) whilst on UC. The pension contribs should be deducted from income, but too many DWP frontline staff don't seem to know the rules!
Why is DWP refusing to admit pension error costing me £110 a month?
I recently started paying £200 per month by direct debit into a personal pension as well as my works pension, to bring my contributions up to 15% of my gross salary.
www.thisismoney.co.uk
January 12, 2026 at 8:29 AM
Reposted by Steve Webb
There are always Trumps.

And so that is why the United States constitution has checks and balances for the misuse of presidential power.

The real story of Trump’s presidency is not only what he has done, but also what Congress and the Supreme Court have not done.
January 9, 2026 at 12:14 AM
Reposted by Steve Webb
Excellent to see @marymcd.bsky.social with a full page pensions piece in today’s FT.

Politics and pensions mix badly.
January 7, 2026 at 7:50 AM
Reposted by Steve Webb
After the latest horrible news about what X is doing (e.g. www.politico.eu/article/fran..., now is a good time to encourage other Lib Dems you know to try out using Bluesky as a New Year resolution.

This link will help them find Lib Dems here: bsky.app/profile/mark...
January 7, 2026 at 7:35 AM
Reposted by Steve Webb
Former pensions minister calls for change as frozen tax thresholds mean even those whose only income is their state pension are getting dreaded brown letters from HMRC
1.3m pensioners and savers issued with surprise tax bill
www.thetimes.com
January 5, 2026 at 9:33 PM
New Year's resolution to post more on here! So, here's our new FOI-based story on the surge in people getting self-assessment tax demands, now that the tax threshold has been repeatedly frozen. Govt's 2027 'fix' for (some) pensioners won't make much difference: www.thesun.co.uk/money/378170...
More than 1.3million households get shock HMRC tax bills
MORE than 1.3million households have got a shock HMRC tax bill including state pensioners. A Freedom of Information (FOI) request tabled by former Pension Minister Steve Webb has revealed a surge i…
www.thesun.co.uk
January 5, 2026 at 3:53 PM
Reposted by Steve Webb
Lots of parallels between #Ashes defeat and what Labour voters in 2024 are feeling about the govt right now.. "its the hope that kills you". "It was supposed to be different this time". you wait 15 years for a win in Australia/regain power and then it all falls to pieces super quickly
December 22, 2025 at 10:26 PM
Reposted by Steve Webb
It's four days away, that's not much of a prediction.
December 21, 2025 at 10:35 AM
Inflation can be the Chancellor's friend. 'Fiscal drag' measures such as freezing tax thresholds raise more money when inflation is high. So today's drop in inflation is not unalloyed good news for CX (Though if it paves the way for lower interest rates on the national debt it might be!)
December 17, 2025 at 9:38 AM
Reposted by Steve Webb
Money Box Live next week is looking at the finances of blended families. If you have a story, comment or a question then please get in touch with me - it’s felicity.hannah@bbc.co.uk
December 9, 2025 at 1:05 PM
Reposted by Steve Webb
Person who actually deserves a trophy is the artist who made the FIFA peace prize trophy look like everyone in the entire world holding their head in their hands out of secondhand embarrassment
December 5, 2025 at 7:38 PM
Really enjoying the latest series of ‘the Naked Week’ on Radio 4 @andrewhunterm.bsky.social - last week’s ’News in Haikus’ was a classic!
November 29, 2025 at 9:55 PM
Red Book says that the £2k cap on salary sacrifice: "shields 74% of basic rate taxpayers using salary sacrifice". But if 5 million basic rate taxpayers use it, then that's over 1 million 'ordinary workers' losing?
November 26, 2025 at 1:56 PM
Incredible that the OBR just leaked the Budget!
November 26, 2025 at 12:15 PM
Reposted by Steve Webb
November 19, 2025 at 5:17 PM
Reposted by Steve Webb
Today @stevewebb1.bsky.social and I released a report setting out our views on where State Pension Age (SPA) needs to go. We submitted to this to the Government SPA review last month.

We recommend sharp increases to SPA, but with a guaranteed payout of 5 years. 🧵
www.lcp.com/en/insights/...
Where next for State Pension Age?
Experts at LCP have proposed major changes to the UK's State Pension system, designed to make it more sustainable while ensuring it remains fair for those with lower life expectancy.
www.lcp.com
November 8, 2025 at 9:38 AM
Reposted by Steve Webb
Paul Johnson would actually like the economy to work better for all, to see incomes grow and social mobility expand. He supports effective pro-growth policies. He is less keen on posturing politicians who pretend they have simple solutions and whose policies would damage all the above.
Paul Johnson is looking to protect and maintain the status quo

@pjtheeconomist.bsky.social
October 30, 2025 at 8:12 AM