What Next for Annuities?
Ros explains why new annuity products are needed and the background to why Partnership needed to offer a new annuity product, which provides an enhanced annuity with a one year surrender option
One year annuities – suit providers not customers
Ros responds to the Treasury Select Committee report on the Budget pension changes, supporting calls for the FCA to be vigilant about providers acting in the customer interest and points out the shortcomings of the new one-year annuity products.
Council taxpayers could save £660m in local authority pension reforms
The DCLG is proposing reforms to the way local authority pension schemes invest which could save council taxpayers £660m a year – or more than 10% of the cost of council staff pension contributions, by pooling assets into Common Investment Funds to benefit from economies of scale and cut investment charges
Pensions Revolution – The flexible future
Ros gave the keynote address at the Pension Pioneers Forum in London and explained her views about the new pensions landscape, with its implications for accumulation, decumulation, providers and trustees.
Ros' evidence to Treasury Select Committee highlighted in The Herald
The Herald, Scotland, highlights Ros’ evidence to the Treasury Select Committee inquiry into the Budget pension changes where she expresses her belief that it is difficult to imagine average annuity rates worsening as a result of the change to compulsory annuitisation
Times Thunderer : At last we will trust people with their own money
The Times published a Comment piece from Ros welcoming the new Budget measures that will allow people to choose what to do with their pensions.
Express – Osborne boosts savers and pensioners
The Daily Express carried a Comment piece from Ros welcoming the new freedoms for savers and pensioners.
FT Comment – UK Budget 2014: A watershed moment for pensions and savings
Ros explains why the 2014 Budget measures are so significant for pensions and savings and will be both popular with the public and also bring in extra revenue for the Chancellor.
Sunday Post – Time to give savers a break in Budget 2014
The Sunday Post supported Ros’ views that the Chancellor needs to ensure the Budget works well for savers and improve the flexibility of ISAs and pensions.
ABI promises to improve annuity selling – too slow!
Ros discusses the latest release from the Association of British Insurers which outlines ways in which it proposes to improve its practices for selling annuities. She believes the media pressure has had an impact but the measures being promised are inadequate and being introduced too slowly anyway.