Rise in UK state pension age has doubled poverty rates among 65-year-olds, says think-tank
Ros is quoted in the Financial Times commenting on the shocking figures showing poverty among 65 year olds has soared since state pension age rose to 66.
Do you know what age you get a state pension? Many of us haven’t the foggiest idea and are at risk of being caught short
Ros was quoted by ThisIsMoney warning that many people may not realise their State Pension age will rise to 67 in the next 5 years. ( link to pdf )
Policy giants butt heads over contributions onus
Ros is quoted after giving evidence to Parliament’s Work and Pensions Select Committee, calling on pension providers to encourage higher contributions, rather than placing onus on the employer to do more.
Direction of UK pensions a ‘slow-motion car crash’
Pension Age quotes Ros’ views that auto-enrolment minimum pension contributions could be made compulsory, without tax relief, and concentrate tax relief on contributions above the minimum to encourage better provision. ( link to pdf )
New rule for pension providers will see people over 55 urged to get advice before withdrawing any savings
Ros is quoted in the Daily Record welcoming the policy change that will require people to have a stronger nudge towards PensionWise free impartial guidance before taking money from their pensions. ( link to pdf )
A jubilee year for the state pension?
Ros is quoted in the Financial Times talking about women’s State Pensions and how women have been let down by the system – after 70 years, the state pension is not so happy and glorious!
Webinar on-demand: The value for money conundrum
Ros participated in a Professional Pensions webinar discussing value for money in pensions, how fees are not the best yardstick and emphasis is also needed on service, efficiency, ease of use, financial education, simple language, individualising product options and so on.
The Value For Money Conundrum | A Professional Pensions’ webinar in partnership with Cushon
Ros appeared in a Professional Pensions webinar discussing how to achieve better value for money for pension customers – and spoke about the need for more flexibility and individualisation of products/service.
Altmann: Pension providers prioritise fees over people
FT Pensions Expert quotes Ros warning that pension providers seem to be prioritising fees over people and their one-size-fits-all products are not suitable for everyone, especially as retirement becomes gradual and later.
Ros Altmann: The real opportunities of auto-enrolment have been missed
Ros wrote a Money Marketing column explaining the golden opportunities missed by pension providers in the past years as auto-enrolment and pension freedoms enable more new products and more individualised approaches, which would improve peoples pensions. ( link to pdf )