A bonanza for borrowers but savers lose out as rates stay low
Ros shows how much money mortgage borrowers have gained as a result of low interest rates and how much savers have lost out
Annuities are not fit for purpose for many
Ros explains why she spoke out against selling annuities to customers without any suitability checks and explains why annuities are no longer fit for purpose.
Stockmarketwire: Altmann calls for debate on low bond yields
Stockarmektwire highlights Ros’ concerns about the damage being done to pensions by low bond yields
2014 – a Boom Year – electoral and economic cycle brilliantly aligned
Ros predicts an economic boom in 2014 with 5% growth, rising real earnings and falling unemployment which aligns the economic and electoral cycle brilliantly. She wonders whether this is by accident or design.
Clash of the Titans – economic outlook for 2014
Ros represented the London School of Economics at the Economics Research Council’s annual ‘Clash of the Titans’ Event, which pitches an economist from each of LSE, Oxford and Cambridge against each other and ask them to predict the economic outlook for the coming year.
Economic Forecasts for 2014 – Clash of the Titans
A transcript of Ros’ speech at the Clash of the Titans event with her forecasts for the UK economy in 2014 – she predicts a boom year.
Autumn Statement measures for pensions and savings
Ros comments on the Chancellor’s Autumn Statement 2013 as it relates to pensions and savings policy, welcoming news that people can buy extra years of state pension, but lamenting the lack of measures to encourage saving
Well done Mr. Carney – FLS should have focussed on business lending long ago
Ros welcomes the news that the Bank of England has decided the Funding for Lending Scheme should focus only on business lending and not mortgages next year. This should have happened at the start, but is welcome now nevertheless to take pressure off the housing market.
BoE forward guidance is looking backwards
Ros highlights that all the forward indicators of the UK economy are strong and expresses concerns that the Bank of England’s forward guidance policy is gearing monetary policy to unemployment which is a lagging policy that reflects what has already happened, whereas monetary policy operates with long lead times.
Pension Pioneers Forum – QE's continuing impact on UK pension funds
Ros gave a keynote speech at the PEnsion Pioneers Forum conference explaining the damaged caused to #UK pensions by Quantitative Easing – both DB and DC schemes are affected