Altmann lambasts ‘shocking’ FCA findings
Financial Adviser magazine highlights Ros’ concerns that contingent charging advice fee models for DB scheme transfers could have caused serious harm to tens of thousands of customers. ( link to pdf )
UK ‘final salary’ pension reform watered down after backlash
Ros is quoted by the Financial Times welcoming the changes made by the House of Lords to the Pension Schemes Bill which should help to avert a doom loop that would have risked all remaining open DB schemes being closed.
Thousands of UK savers advised to give up final-salary pensions
Ros is quoted in the Financial Times regretting that it took so long for the FCA to ban contingent charging for DB transfers which left consumers at serious risk.
People risk sleepwalking into retirement and running out of cash, report warns
Ros is quoted in Aberdeen Evening News calling for more user-friendly pension products that help people hang on to their money for much later life rather than spending their pensions too early and ending up in poverty. ( link to pdf )
A generation sleepwalking into retirement poverty: Bombshell survey reveals hundreds of thousands expect to see their pensions run dry because so few are planning for old age
Ros is quoted in the Daily Mail’s This is Money website warning about people not having enough money in retirement if they spend their pensions too soon.
Managing operational and costs considerations is key to overall success
Ros is quoted in Professional Pensions talking about the need for DB schemes to control operational costs and ensure returns are sufficient to keep up with rising inflation and liabilities.
DC in 2021: Master trusts run while dashboards crawl
Pensions Expert quotes Ros discussing the future of DC pension MasterTrusts.
Is government trying to end open DB?
Ros wrote a feature article for Professional Pensions ‘Is the Government trying to end DB schemes?’ – talking about the need for more imaginative and productive investment policies especially for Defined Benefit, not just Defined Contribution schemes.
Lady Tina Green puts £50m into Arcadia pension fund
The Daily Telegraph highlights that Lady Tina Green is paying in the further £50million agreed with the Pensions Regulator and trustees for funding the Arcadia Pension Scheme next year.
Savings giant NS&I postpones plan to stop sending cheques for Premium Bond prizes after outcry at proposal
Ros is quoted in the Daily Mail welcoming NS&I’s decision to delay its decision to stop sending Premium Bond prizes by cheque and forcing people to do this digitally. ( link to pdf )