Making Pensions Popular
Ros spoke to the pensions association FODER Annual Conference in Istanbul about ‘Making Pensions Popular’.
PPF can cope with Carillion but …
Pension Protection Fund can cope with Carillion. Concern that a hard Brexit might lead to PPF facing difficulties. The Carillion pensioners will see much of their pension replaced by the Pension Protection Fund (but future increases will be lower). However, those not yet at pension age or who took early retirement may lose at least 10-20% of their promised pension. The PPF has budgeted for some big schemes to fail and can manage the onboarding of all Carillion’s pension schemes.
Carillion may be canary in the coalmine – Bloomberg
Bloomberg News carries Ros’ comments on how Carillion’s demise shines a light on UK pensions shortfalls
State Pension timebomb
Scottish Daily Record reports Ros’ thoughts on the State Pension timebomb
Daily Mirror article – tax rises needed to fund aging population and state pensions
Daily Mirror article and Comment piece about Government Actuary’s warning of aging population requiring rise in taxes to fund National Insurance State Pension
Daily Mirror article – tax rises needed to fund aging population and state pensions?
Daily Mirror article and Comment piece about Government Actuary’s warning of aging population requiring rise in taxes to fund National Insurance State Pension
Yorkshire Post article – ban cold calling urgently
Ros wrote an article published in the Yorkshire Post explain why it’s so important to ban cold calling urgently
As care crisis worsens, Jeremy Hunt has a chance to improve both NHS and Social Care
Golden opportunity to address the social care crisis must not be missed. Integration of healthcare and social care can improve the quality of both. Meaningful reform must end artificial and unfair division between dementia and cancer. As the population ages, the country’s care system simply isn’t fit for purpose: Social care available from local authorities is not providing good care for today’s elderly people (a cohort which is currently very small yet is causing such mayhem), and that lack of
Toys’R’Us is another signal for Government to recognise dangers lurking in UK pension schemes
Toys’R’Us pension woes highlight risks in employer pension promises. Most private companies cannot shoulder open-ended multi-decade liabilities. In coming years, more employers will look to offload their pension schemes – or be bankrupted by them. Toys’R’Us is the latest casualty in the UK defined benefit pension crisis, highlighting yet again that private sector employer pension promises cannot always be relied upon. The Government recently concluded that most employers can afford their pension deficits, but I believe this is too complacent.
Vital differences between financial ‘guidance’ and ‘advice’
Ros is quoted in an article in The Irish Times –stressing the importance of knowing the difference between financial ‘guidance’ and ‘advice’