Steve Webb
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Age | 59 |
| Date of birth | July 18,1965 |
| Zodiac sign | Cancer |
| Born | Birmingham |
| United Kingdom | |
| Spouse | Helen Webb |
| Party | Liberal Democrats |
| Prime minist | David Cameron |
| Education | Hertford College |
| Q3 Academy Great Barr | |
| Previous position | Member of Parliament of the United Kingdom (1997–2015) |
| Official site | heyyouitsmestevewebb.com |
| Books | Tanka Tanka Skunk! |
| Children | 2 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 406327 |
Steve Webb Life story
Sir Steven John Webb PC is a British pensions commentator who was previously Liberal Democrat Member of Parliament for Northavon from 1997 to 2010 and for Thornbury and Yate from 2010 to 2015. He was the Minister of State for Pensions in the coalition government of David Cameron.
Triple lock means state pension set to rise by 8. 5% in April
... Sir Steve Webb, a former pensions minister and now partner at consultants LCP, estimated that the number of taxpaying pensioners would rise by around 650,000 to 9...
Mothers could have missed out on £1bn in state pension
... Sir Steve Webb, a former pensions minister who is now a partner at LCP, said: " The scale of these errors is huge...
Customers withdraw record amount of savings in May
... Former pensions minister Steve Webb, now a partner at consultancy LCP, said: " A combination of high inflation and frozen tax allowances means that well over eight million people aged 65 or over are now paying tax, a doubling in the last two decades...
Pensions: Tax overpayment of £1bn prompts reform call
... A system based on systematic over-taxing of pension savers cannot be right, " said Sir Steve Webb, a former pensions minister and now a partner at consultants LCP...
Bank of England boss tells investors pensions help must end
... However, former pensions minister Steve Webb, who now works for pension consultants LCP, said he thought Mr Bailey may have to extend the help...
Pensions scandal: Even more women were underpaid
... Former pensions minister Sir Steve Webb, who is now a partner at consultancy LCP, said the DWP had also admitted to an error in which credits for time at home with children - previously known as home responsibilities protection - may be missing from people s National Insurance records and therefore affect their state pension...
Two million more people paying higher rate tax
... Countering this approach, former Liberal Democrat pensions minister Sir Steve Webb said that " paying higher rate tax " used to be reserved for the very wealthiest"...
Pensions: Millions receive wrong amount 'for decades'
... Mind-blowing errorsSir Steve Webb, who served as pensions minster between 2010 and 2015, said he d never been alerted to the problem...
Mothers could have missed out on £1bn in state pension
By Kevin PeacheyCost of living correspondent
Mothers may have been underpaid about £1bn in state pension owing to information missing from their national insurance (NI) records.
Since 1978, The System has included credits for parents who took Time Out of employment to bring up children.
Until 2010, This Was known as home responsibilities protection (HRP), but it may be missing from some NI records.
People who may be affected will receive letters from the government as part of a campaign to correct the issue.
Some People affected may have died and their families will be entitled to check their eligibility and make a claim for any arrears.
The Department for Work and Pensions (DWP) and HM Revenue and Customs are Working Together to find people affected and correct their records so they receive The Right amount of state pension.
There are high levels of uncertainty over the amount that could have been underpaid. This could range from £300m to £1. 5bn, the DWP has said.
Its central estimate is that £1bn is owed, to about 187,000 people, of which 43,000 have died. That would equate to an average shortfall of about £5,000 each.
If someone claimed child benefit before May 2000 and did not provide their NI number on The Claim , their NI record may not show the correct number of qualifying years of HRP, which could affect their state pension entitlement.
Women in their 60s and 70s are most likely to be affected, the government said.
HMRC is using NI records to identify as many people as possible who might have been entitled to HRP between 1978 and 2010 and have no HRP credits on their NI record.
It will write to people who meet these criteria, to find out if they are eligible to claim. If they are eligible, they can apply online.
DWP will recalculate The State pension entitlement and let people know whether they are due any arrears.
Pension consultants LCP to allow people to check they are not missing out.
Sir Steve Webb , a former pensions minister who is now a partner at LCP, said: " The scale of these errors is huge. It is shocking that so many women have been underpaid so much money. This makes it essential that things are put right as a matter of urgency. "
Alice Guy, head of pensions and savings at investment platform Interactive Investor said: " The State pension is crucially important, especially for many women who are less likely than men to have a private pension income and are more likely to be living in poverty in retirement. "
Related TopicsSource of news: bbc.com
Steve Webb Photos
