Speaking at an event organised by think tank the Resolution Foundation, Webb proposed the creation of a “department for pensions and ageing society” to manage policies that are currently dealt with by a number of different departments.
He argued that the current structure led to policies being “siloed”.
“If you’re going to see the whole person, rather than just a silo, the current government structure doesn’t work,” he said.
“If we had a department of pensions and ageing society we could move to a system based on individuals.”
Discussing his achievements while in office, Webb said that pensions auto-enrolment has been a “triumph”, but there are still a “raft of things” that need to be addressed, such as tax relief.