Tapered annual allowance solution dismissed by experts
FT Adviser Magazine carries Ros’ warning that just increasing the taper threshold will not solve the NHS pension problems. ( link to pdf )
Why we need to scrap jargon to make pensions easier to understand – Ros Altmann
The Yorkshire Post carries an opinion column from Ros calling for the pensions industry to scrap the jargon and make pensions easier to understand. ( link to pdf )
NHS pension taper trap is ‘canary in the coalmine’, says Altmann
Citywire explains Ros’ thoughts about the NHS annual allowance taper problems being the canary in the coalmine warning of the problems of current pension tax rules which are undermining both pensions and work. ( link to pdf )
Make all pension firms send customers birthday cards with retirement forecasts attached, says former minister ROS ALTMANN
Mailonline quotes Ros calling for pension firms to make pension statements easy to read and in standardised format. How about sending them out with a birthday card! ( link to pdf )
Pensions to be the polling station winner
FT Financial Adviser magazine reported Ros’ comments about the political manifestos and praised the Conservatives for proposing to address Net Pay but expressed deep disappointment that they have not proposed anything for WASPI women. ( link to pdf )
Give mums and dads their state pension credits back!
Ros is quoted in a ThisIsMoney article reporting that the Office for Tax Simplification recommends resolving pension injustices which affect women – in ensuring women receive credit for State Pensions and that Net Pay injustices are resolved. ( link to pdf )
The Guardian view on women’s pensions: a feminist issue
The Guardian wrote an editorial supporting the idea of helping the 1950s women who are facing such hardship due to the rise in their State Pension Age, which Ros has long called for. ( link to pdf )
Altmann says providers see advice allowance as threat
FT Financial Adviser magazine reported Ros’ comments about pension providers failing to promote the £500 Advice Allowance. ( link to pdf )
Doctors will not be compensated for tax breaches
FT Financial Adviser magazine highlights a Written Parliamentary Answer to Ros, in which the Government refuses to compensate NHS senior staff for inadvertently triggering tax charges they were never warned about. ( link to pdf )
Govt confirms no compensation for exceeding NHS pension AA
Pensions Age magazine highlights the problems of the Tapered Annual Allowance as NHS staff stop working overtime or reduce hours, for fear of huge tax bills ( link to pdf )