A million older workers face new pensions misery: Bond rout wipes a third off funds - just as retirement looms - Ros Altmann
Ros Altmann

  • ROS ALTMANN

    Ros is a leading authority on later life issues, including pensions,
    social care and retirement policy. Numerous major awards have recognised
    her work to demystify finance and make pensions work better for people.
    She was the UK Pensions Minister from 2015 – 16 and is a member
    of the House of Lords where she sits as Baroness Altmann of Tottenham.

    • Ros Altmann

    Ros Altmann

    Ros Altmann

    A million older workers face new pensions misery: Bond rout wipes a third off funds – just as retirement looms

    A million older workers face new pensions misery: Bond rout wipes a third off funds – just as retirement looms

    DC pension default funds have let workers down – Ros is quoted in the MailonLine explaining that the real pension damage from rising bond yields was inflicted on those nearing retirement in DC ‘lifestyle’ or ‘target date’ default funds which have lost perhaps 30% of their value, with no employer standing behind the losses. (link to pdf)

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