Ros Altmann: Rethinking pensions for a post-QE world
Ros wrote a Column for Money Marketing, explaining why pension fund use of bonds is not necessarily ‘low risk’ in a post QE world. ( link to pdf )
JEFF PRESTRIDGE: Baroness Altmann is right again on the personal savings allowance tax raid – it’s time to act
Ros is quoted in ThisIsMoney calling for the Chancellor to increase the personal savings tax threshold. ( link to pdf )
Interest rates rises will hit pensioners hardest – banks have a duty to act
OLDER SAVERS LOSING OUT MOST: Ros wrote an Opinion Column for inews explaining why older savers, who are most loyal to the larger banks, are losing out most as interest rates rise. ( link to pdf )
High street banks told to pass latest Bank of England interest rate rise on to savers
BANKS MUST PASS INTEREST RATE RISES TO SAVERS: Ros is quoted in MSN lamenting the fact that banks have failed to treat their savers fairly and have not passed on the benefits or higher interest rates properly. ( link to pdf )
A million older workers face new pensions misery: Bond rout wipes a third off funds – just as retirement looms
DC pension default funds have let workers down – Ros is quoted in the MailonLine explaining that the real pension damage from rising bond yields was inflicted on those nearing retirement in DC ‘lifestyle’ or ‘target date’ default funds which have lost perhaps 30% of their value, with no employer standing behind the losses. ( link to pdf )
Fears over triple lock after inflation rises 10.1%
FT Adviser quotes Ros calling for a guarantee to be reiterated that State Pensions will rise in line with inflation next year – pensioners must not be short-changed again.
Fears over triple lock after inflation rises 10.1%
FT Adviser quotes Ros calling for a guarantee to be reiterated that State Pensions will rise in line with inflation next year – pensioners must not be short-changed again.
Bank of England pushes back start of gilt sale to November 1
Ros is quoted by the Independent, calling on the Bank of England to delay its £80billion gilt sales programme until the markets calm down, warning that this could cause further market mayhem.
BoE ‘will need to extend’ gilt support, says ex-pensions minister
Financial News quotes Ros warning that the Bank of England may need to extend its emergency gilt market support beyond 14 October until economic stability can be restored and confidence rebuilt by the Chancellor.
BoE ‘will need to extend’ gilt support, says ex-pensions minister
Financial News quotes Ros warning that the Bank of England may need to extend its emergency gilt market support beyond 14 October until economic stability can be restored and confidence rebuilt by the Chancellor. ( link to pdf )