Parliamentary group launches to step up action on pension scams
Professional Adviser magazine outlines the plans for a new All Party Parliamentary Group on Pension Scams, aimed at helping to combat the growing scam scourge. ( link to pdf )
Banks urged to suspend ‘penal’ overdraft charges while customers battle coronavirus
Ros is quoted in the Daily Telegraph urging banks to suspend the planned penal increases in overdraft charges for consumers, particularly on arranged overdrafts. (Subscription needed to view.)
Ros spoke in the House of Lords in defence of a Peace Plan for Israel
Ros spoke in the House of Lords in defence of a Peace Plan for Israel and the right of the Jewish people to their own homeland.
High earners get pension tax relief boost in the Budget to fight NHS crisis stopping doctors working
The Daily Mail’s This is Money website quotes Ros explaining that the Spring 2020 Budget measures will give generous extra pensions to all high earners, as a result of measures to protect the NHS. ( link to pdf )
Spring Budget 2020: Govt confirms review into net pay anomaly
Ros welcomes the Spring Budget announcement that there will be a review into the Net Pay scandal and Pensions Age reports on this. ( link to pdf )
Masterclass on Retirement Income
Ros chaired an AssetTV Masterclass on the Future of Retirement Income with experts from Aviva, Canada Life, Prudential and Standard Life – this is a recording of the session. (Subscription to LinkedIn needed to view.)
Pension freedoms reform called for after fears savers will run out of money
Professional Pensions carries Ros’ views that consumers need independent guidance or advice, rather than being signposted to pension provider helplines. The ABI has called for greater help for consumers, which is right, but it needs to be impartial. ( link to pdf )
Three quarters of savers caught in net pay anomaly are women
PensionsAge magazine reports on the Written Parliamentary Question asked by Ros, whose response from Treasury shows that over 1million low earners, three quarters of whom are women, have been put into workplace Net Pay pension schemes which charge them 25% extra for their pensions than if their employer used a different scheme.( link to pdf )
Pension freedoms reform called for after fears savers will run out of money
Professional Pensions quotes Ros in its report on the ABI latest research suggesting people are at risk from the new pension freedoms – and Ros suggests we need more data to make firm conclusions. ( link to pdf )
Govt should be wary of cutting higher rate tax relief – Altmann
Pensions Age magazine highlights Ros’ warnings that just removing higher rate tax relief would be a lose-lose situation and Government should not be tempted to do this. ( link to pdf )