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 )
SNIPEF Continues Pushing for Changes to Devastating Pensions Legislation
Scottish Business News reports on attempts by MPs to find a resolution to the injustice of good employers facing bankruptcy and destitution because they can’t afford to buy annuities for plumbers they never employed in a fully funded scheme that isn’t buying annuities. ( link to pdf )
£100billion for HS2 – but where is the grand plan to help the crisis facing Britain’s elderly, asks former pensions minister BARONESS ALTMANN
Ros wrote a Comment piece for the Daily Mail calling for the Government to unveil bold plans for reform of social care funding, which is just as important as spending £100bn on HS2. ( link to pdf )
Would you delay PART of your state pension to get more later? And should ill people and carers get it early?
MailonLine highlights Ros’ suggestions that people who are seriously ill or caring for others might be allowed to take their state pension early. ( link to pdf )
The pension payback victims who refused to pay back money they were paid by mistake… and won!
Ros is quoted in the Daily Mail about people who are asked to repay huge sums because their pension administration system made mistakes – they should not have to repay but should be able to rely on the experts to get the sums right. ( link to pdf )
ROS ALTMANN: Why the Bank of England should NOT cut rates
Ros wrote a piece for the Young Money website explaining how young savers have lost out for years as a result of the Bank of England’s ultra-low rate policies. ( link to pdf )
State pension increases to continue for expats in Europe after Brexit
Money Observer Magazine explains that expats Living in Europe before 2021 will have their State Pension uprating protected for life under the EU Withdrawal Agreement. ( link to pdf )
Why cutting interest rates makes no economic sense at this time – Ros Altmann
Ros wrote an Opinion Column for the Yorkshire Post explaining why cutting interest rates makes not economic sense at this time and hoping Bank of England will not do so. ( link to pdf )
Banks under fire over rip-off overdraft fees: FCA probe ‘could see rates capped’
ThisisMoney website and Daily Mail newspaper report that the FCA is investigating the enormous increase in interest costs for bank customers using arranged overdrafts. Ros has called for this to be reviewed urgently as rates are egregiously high. ( link to pdf )
My trauma over £100k bill seven years after retiring: Former prison officer hit with huge demand as pension was slashed by £1,000 a month
Daily Mail exposes shocking treatment of pensioners told to repay thousands of pounds because their pension scheme administrator paid them the wrong amount for years. Ros is quoted saying the members should not have to pay for the mistakes made by experts. ( link to pdf )