Early evidence shows workers have taken increased pensions contributions ‘in their stride’
People Management magazine highlights the success of auto-enrolment as contribution rises are accepted without damaging opt-outs. ( link to pdf )
Govt mulls IHT-exempt ‘Care Isa’
Money Marketing Magazine covers the concept of a Care ISA allowance ( link to pdf )
Gov’t considering ‘Care ISA’ to solve crisis, but would it work
Government considering a Care ISA, but will it work? Citywire discusses the concept of a Care ISA which Ros has proposed to help find some funding for care needs. ( link to pdf )
Government’s ‘care Isa’ plan dismissed by Tory health committee chair
The Guardian discusses the idea of a Care ISA and outlines resistance to the plans – but these do not reflect the urgent need to encourage people to set money aside now. ( link to pdf )
Gareth Shaw: Pension panic may be a little premature
Calls to change pensions tax relief may not be too popular! – The Scotsman carries a comment on the Treasury Select Committee report suggesting reformed tax incentives. ( link to pdf )
State Isa payouts will be slashed just weeks after Bank of England hiked interest rates as government is accused of abandoning savers
NS&I cuts its interest rates for savers, just as Bank of England raises base rate – shame for savers – Ros quoted in Daily Mail ( link to external pdf )
There will be enough pensioners in the UK by 2066 to fill a city the size of London
Older people moving to rural areas need to be looked after – who will care for them if younger population moves to the cities? ( link to pdf )
Pensioners are being targeted by fraudsters
Increasing numbers of pensioners suffer identity theft – such fraud is growing and older people seem more vulnerable ( link to pdf )
FCA should ban firms from using leads generated by cold-calling
Money Marketing carries Ros comments calling for FCA to ban pension firms using leads generated by cold-calling. ( link to pdf )
Britain’s pensions black hole stands at nearly £190bn as two in three schemes are in the red
Occupational Pension deficits are £190billion as pressure mounts on firms to increase funding for DB schemes ( link to pdf )