Webb says it would have been fun to be chancellor

I had an inkling to be an actuary when I was a teenager. My friends were trashing the park and I wanted to be an actuary.

What I like about pensions is that a good pensions policy has to take account of everything. A good policy has to be up to speed with wages, employment, social policy, etc.

In a funny way, I worked constructively with Iain Duncan Smith. Although our political views are some distance apart, we formed an effective working partnership and mutual trust.

Since May, I have discovered there is something apart from work in life. At the moment, I’m still in the recovery phase.