The changing face of retirement – DC Investment Forum
Ros gave a presentation to the Defined Contribution Investment Forum DCIF outlining the changes taking place in retirement and the new outlook for DC pensions in the UK
Ros gave a presentation to the Defined Contribution Investment Forum DCIF outlining the changes taking place in retirement and the new outlook for DC pensions in the UK
This is a video recording of Ros’ speech at the Swiss Re forum on ‘Connecting Generations’ discussing a pension system for the modern era.
Ros gave a speech at the Connection Generations forum held by the Swiss Re Centre for Global dialogue and these are the slides she presented, calling for new thinking as people’s lives have changed
Ros comments on the IFS study which suggests people born in the 1960s and 2006s are worse off than previous generations at that age. She points out that the IFS says these cohorts did have higher earnings in their early adult years but chose to spend rather than save their money. This means they may need to work longer to make up for longer lives and lower saving.
Ros comments on the news that the Government wants to accelerate the rise in state pension ages for younger generations. She explains that this is inevitable as life expectancy rises and that this is not a penalty on the young but an opportunity to embrace a whole new phase of life that previous generations could not have enjoyed, with part time work following a full time career.
Article published in the The Times newspaper where Ros explains why people need to get real about pension thinking and recognise the reality that as life expectancy has increased, pensions will not appear by magic. The state can pay a minimum and the rest is up to you.
Press Release summarizing Ros’ evidence to the House of Lords Inquiry into Public Services and Demographic Change.
Press Release welcoming the official end of the Default Retirement Age. It is no longer legal to sack someone for being age 65 – you have to judge how they do their job.
Ros was on ITV Daybreak and was quoted on the ITV website welcoming the end of the Default Retirement Age at last. Age discrimination is out of date and should be consigned to the scrap heap.
Ros submitted evidence to the House of Lords Inquiry on Public Services and Demographic change, calling for urgent reforms of social care funding and welcoming longer working lives for those who are able to stay active.