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Steve Webb wins financial services contribution award – plus all the PFS winners

Pensions minister Steve Webb was awarded the John Ellis Award at last night’s Personal Finance Society conference.

The John Ellis Award is made to an individual who has shown a significant contribution to the professional development of financial services. Last year it was awarded posthumously to Warwick Butchart Associates chairman and founder Len Warwick.

Webb also spoke at the dinner and awards ceremony, held in Birmingham.

Other winners at last night’s awards were Almary Green Investments, which was named chartered firm of the year, and Lisa Johnstone of VWM Wealth Management, who was awarded chartered financial planner of the year.

Rebecca Kowalski of Cornerstone Asset Management was awarded paraplanner of the year, and Petronella West of Investment Quorum won the pro-bono award.


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There are 5 comments at the moment, we would love to hear your opinion too.

  1. April 1st already, wow !!

  2. Are you having a laugh?

    That’s not what I pay my subscriptions for.

    Self serving politicians do not need their already over inflated egos massaging any further.

  3. ‘Steve Webb wins financial services contribution award’ – this is a joke?

  4. Pensions minister Steve Webb was awarded the John Ellis Award at last night’s Personal Finance Society conference.
    So he is a winner but the pensioners are the real losers especially with the state pension and his diabolical freezing policy which he cannot justify..

  5. Not wishing to take pot shots for the sake of it, but one has to wonder just how much of the latest changes to the pensions landscape are really down to SW as opposed to him being just a mouthpiece for government policy.

    Also, there’s a number of relatively inexpensive reforms that he (or the government) could and should still do to revive public confidence and appetite for retirement saving, most of them being the restoration of things that were taken away for no good reason. Examples that spring readily to mind are to mind are restoring Contributions Insurance (WoP), restoring Pension Term Insurance (subject a minimum level of ongoing contributions to retirement benefits), restoring the facility for pension funds to reclaim the 10% tax deducted at source on dividends, simplifying the contributions framework (30% of gross earnings with one or perhaps two years carry forward of unused allowances from previous years). What would be wrong with implementing all those things?

    The framework for AE schemes is an unnecessarily complicated mess, largely though not solely due to the government’s insistence on imposing its own ideas on charging structures, whilst (IMO) removal of the annuity rates trap hasn’t been handled particularly well and SW’s comment about how the government would be unconcerned if people elect to liquidate their entire pension savings to blow on a Lamborghini was downright stupid. And as for the Guidance Guarantee……

    I welcome measures to reverse the tide of public antipathy towards saving for retirement, but I really don’t think SW’s input warrants an award from the PFS or from any other body.

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