Auto-enrolment extension bill passes second reading in Lords
Ros is quoted calling for the PPF and FAS to pay one-off cost of living increases to make up for lack of inflation protection on pre-1997 benefits. ( link to pdf )
Bill to extend AE continues passage through HofL
Ros is quoted in Pension Age as she is sponsoring the Bill to extend pension auto-enrolment to more young workers and improve low earners’ pensions. ( link to pdf )
AE extension bill has second House of Lords reading
Ros is quoted in Professional Pensions from her speeches in the House of Lords at the Second Reading of the Extension of Auto-enrolment Bill.
Cost of living: How to build your pension despite rising costs
Ros is quoted in a Vodafone article explaining that opting out of auto-enrolment will not mean as much extra take-home pay as many people would think and will lose the employer contribution and tax relief. ( link to pdf )
Employers confronted over missing pension contributions
Pensions Regulator needs more powers to enforce Ombudsman rulings – Ros is quoted in the Financial Times calling on the Pensions Regulator to use its powers, or be given new ones, to ensure compliance with auto-enrolment contribution duties when employers refuse to pay.
Pension regulator must tackle rule-breaking employers
Workers in auto-enrolment need proper protection – Ros wrote a Comment piece for the Financial Times calling on the Pensions Regulator to intervene, or be given more powers, to help members whose employers do not pay their pension contributions.
Pensions industry urged to ‘rise to the challenge’ amid CofL crisis
Providers should promote the benefits of pensions – Ros is quoted by Pensions Age calling on pension providers to rise to the challenge of explaining the benefits of pensions, not just the risks of inadequacy. ( 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 )
Altmann hits out at providers for pension positivity failure
Cutting pension contributions can be dangerous but nobody is explaining this – Ros was quoted in Professional Pensions urging pension providers to explain that cutting pension contributions may create big losses. ( link to pdf )
Britons warned to not neglect pensions as ‘one in 10’ cut contributions: ‘Deeply worrying’
The Sunday Express quotes Ros urging people not to give up on pensions unless there is absolutely no alternative, since there will be far more poor pensioners in future if they stop pensions today. ( link to pdf )