NESTs will be a disaster
Daily Telegraph article quoting Ros’ views that NESTs have disaster written all over them, especially after the 2% upfront charge.
The future for workplace pensions after 2012
Keynote presentation at University of East Anglia’s forum on Workplace Pension Reform.
NESTs – call me cynical but this scheme has disaster written all over it
Article in the Times quoting Ros criticizing the 2% initial charge for NEST pensions, which means low earners will lose a chunk of their pension from the word go. This was supposed to be a low cost scheme!
FSA drawdown fears ignore annuity risks
Ros’ comments following the FSAs report on Financial Risk, highlighting that the FSA seems to believe annuities are a ‘no risk’ product, whereas, in reality, they entail significant risks for purchasers who do not understand what they are buying. Click here to read the article on the Citywire website.
Retirement Strategy Feature
Ros was interviewed by Money Marketing’s Retirement Strategy magazine and her views on pension reform are highlighted. Click here to read the article on the Money Marketing website.
Yorkshire Post – A dangerous cuckoo in the NEST
Yorkshire Post comment article explaining why Ros believes that the new name for Personal Accounts – the NEST – does not make the policy any more suitable for those it is aimed at and warning of the dangers. Click here to read the article on the Yorkshire Post’s website.
The fundamental flaw in the Government's grand plan
Citywire blog warning of the dangers that NEST/Personal Account projections have not properly consider annuity risks. Falling annuity rates can undermine the value of the NEST for many workers. Click here to read the article on the Citywire website.
NESTs ignore annuities – but pension outcomes are vital
Ros wrote a blog for Citywire explaining the dangers for individuals auto-enrolled into NESTs. When they come to retire, nobody has thought through the annuity risks they face. Click here to read the article on the Citywire website.
Empty NESTs and cracked eggs
Press Release commenting on the Government’s new name for personal accounts – NESTs – but explaining that many people’s NESTs will be empty and their nest-eggs cracked.
Personal accounts will be disastrous for pensions
Ros outlines her views on the dangers of personal accounts and how the outlook for pensions will probably be worse, not better, as a result.