Steve Webb
Displaying items by tag: Steve Webb
Tuesday, 09 April 2019 12:04
Freedom of Information reveals pension tax relief ‘scandal’
A new FOI reply to Steve Webb, director of policy at Royal London, suggests that far more low-paid and part-time workers are missing out on tax relief on their pension contributions than previously thought.
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Tuesday, 20 November 2018 16:30
Pensions professionals set out Amber Rudd’s priorities
Experts have had their say on the appointment of Amber Rudd as Work and Pensions Secretary and spoke out about what her priorities should be.
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Monday, 03 September 2018 16:55
‘Huge variations’ in how firms ‘triage’ pension transfers
A survey of around 400 financial advisers has found “huge variations” in the way firms carry out an initial ‘triage’ process when clients ask about pension transfers.
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Wednesday, 29 August 2018 09:07
TPR calls on pension schemes to slash transfer values
A document, released under freedom of information laws, has shown The Pensions Regulator has called on pension schemes to cut transfer values.
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Tuesday, 07 August 2018 13:03
‘Landmark’ ruling gives hope to pension scam victims
Royal London’s Steve Webb has hailed a new ruling by the Pensions Ombudsman as a "landmark" which offers new hope for victims of pension scams.
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Tuesday, 31 July 2018 16:00
Record £2.3bn withdrawn under Pension Freedoms
A record £2.3bn was taken out of pensions pots under Pension Freedoms rules in the second quarter of 2018, HMRC figures have revealed.
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Friday, 22 June 2018 12:36
Govt is right on default decumulation, says Steve Webb
Royal London’s Steve Webb says the Government was right to resist calls for default decumulation retirement pathways.
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Tuesday, 08 May 2018 12:52
Some drawdown retirees taking out over 10% a year
New analysis of 17,000 drawdown customers by a provider has revealed wide variations in the amount taken from pension pots but few signs of pensioners taking out all their cash in one go to buy a Lamborghini.
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Friday, 04 May 2018 11:10
Time to sort out pension withdrawal tax mess says Steve Webb
Royal London director of policy Steve Webb has called for an end to what he called the “absurd” way pension withdrawals are taxed.
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Wednesday, 18 April 2018 15:10
HMRC takes down inaccurate pension tax website
HMRC has taken down a web page, which allows users to check how much money they can put into a pension, after “blunders” were spotted by tax experts at Royal London.
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