How to avoid falling for a coronavirus scam
The North West Evening Mail gives tips on how to avoid scams during the coronavirus lockdown. (Subscription needed to view.)
Ros Altmann: Trying to tackle Brexit and Covid-19 at once is simply reckless
Ros wrote a feature article for Financial News calling for a delay to the Brexit transition period to be announced immediately, as trying to tackle Brexit and Covid-19 at once is simply reckless. (Subscription needed to view.)
Hold off on rash pension decisions, say regulators
Professional Pensions magazine highlights the recent statements by financial Regulators that people should not make rash pensions decisions during the Corona virus crisis and Ros’ call for transfers to be put on hold is mentioned. (Subscription needed to view.)
Coronavirus: Government will cover National Insurance and pensions for furloughed workers
Ros welcomes the decision by Government to protect auto-enrolment contributions for furloughed workers, and MoneyWise explains how it will do so. ( link to pdf )
FCA delays DB transfer rules update by up to 6 months
Pensions Age reports on the Regulator’s decision to allow DB scheme pension transfers to be delayed by up to 6 months. ( link to pdf )
Halt overdraft charges now! Thousands of families facing job losses and ruined savings but banks are STILL hiking fees as high as 50%
This is Money highlights the good news that some banks, including Barclays, have agreed to waive the increase in overdraft charges by allowing interest free overdrafts to end April, which Ros has warmly welcomed.
Former pensions minister Ros Altmann calls for six-month pause on pension transfers
International Investment website carried Ros’ call for pension transfers to be put on hold for six months. ( link to pdf )
Former pensions minister Ros Altmann calls for six-month pause on pension transfers
Ros is quoted by Professional Adviser magazine calling for a six month ban on pension transfers. ( link to pdf )
Plumbing Pensions seeks approval to fund legal battles for s75 non-payments
Professional Pensions magazine highlights the news that the Plumbing Pension Scheme has applied to the Scottish Courts to be permitted to use scheme assets to defend any challenges to its handling of the scheme assets and failures to collect past Section 75 debts from departing employers, despite statutory obligations to do so. ( link to pdf )
COVID-19 creates ‘perfect conditions’ for pension scammers – Aegon
Ros is quoted in Pension Age magazine warning that the Covid19 lockdown has increased risks of scams – public need to be protected and have clear warnings not to engage with cold calls. ( link to pdf )