Steve Webb
Use attributes for filter ! | |
Gender | Male |
---|---|
Age | 58 |
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...
Women's state pension shortfalls a shameful shambles, MPs say
A £1bn shortfall in state pension payments to tens of thousands of women has been branded " a shameful shambles" by a committee of MPs.
A total of 134,000 pensioners missed out on their full entitlement owing to errors at The Department for Work and Pensions (DWP) dating back to 1985.
Some of those failures risked being repeated during a correction programme, The Public Accounts Committee said.
The DWP said it was resolving cases as quickly as possible.
Why did women miss out?The Problem relates to the " old" state pension system where Married Women who had a small pension in their own right could claim a 60% basic state pension based on their husband's record of contributions.
Widows and divorcees have also been affected. Some will receive all their entitlement, although years later than they should have done. Others will only be able to claim for 12 Months of missed payments.
Among them is Jan Tiernan, from Fife, who was initially told she was not owed any money. After nearly 100 pages of correspondence with The Department , she received £1,280, but believes she is owed more.
" You need a lot of energy, and when you are 80-years-old you don't have that kind of energy. It tires you, " she told The Bbc .
" I feel let down by The System . "
She Said that The Extra money would have made a lot of difference to pensioners, from helping to pay heating bills to going towards a holiday.
The Committee 's report said the errors were the result of outdated systems and heavily manual processing of pensions at the DWP.
Small errors that were not recognised added up to significant sums of money over The Years .
In a damning report, it concluded:
The Committee said that there was a risk that the errors that led to underpayments in the First Place could be repeated in the correction programme, The Ninth such exercise since 2018.
There was also concern that, by allocating staff to deal with this problem, backlogs occurred in dealing with claims from new pensioners who suffered.
Meg Hillier , who chairs The Committee , said: " For decades DWP has relied on a state pension payment system that is clunky and required staff to check many databases - and now some pensioners and the taxpayer are paying in spades.
" In reality, the DWP can never Make Up what people have actually lost, over decades, and in many cases it's not even trying.
" This is a shameful shambles. "
Call for urgencyAmong a string of recommendations made in The Report is that the DWP should find cost-effective ways to update its Computer Systems .
The Committee also said the DWP needed to make clear how it was treating underpayments related to divorced women.
Former pensions minister Sir Steve Webb , who is now a partner at consultancy LCP, first raised concerns about underpayments, and has called for divorcees to be included having their entitlement checked.
" The DWP's defensive reaction to questions and scrutiny over this issue suggest that lessons have still not been learned, " He Said .
" There are still far too many people missing out on The State pension to which they are entitled and DWP needs to track them all down as a matter of urgency. "
A DWP spokesman said: " Resolving the historical state pension underpayments that have been made by successive governments is a priority for The Department and We Are committed to doing so as quickly as possible.
" We have Set Up a dedicated team and devoted significant resources to processing outstanding cases, and have introduced new Quality Control processes and improved training to help ensure this does not happen again. Those affected will be contacted by us to ensure they receive All That they are owed. "
Source of news: bbc.com