Watchdog calls for review of UK pensions tax relief
Ros is quoted in the Financial Times calling for the ending of the scandal of low earners having to pay 25% extra for their pensions in Net Pay schemes.
Women’s pensions lost in the post: Thousands missing out on retirement cash after vital letters were sent to their HUSBANDS instead
ThisIsMoney highlights problems for older women, who were not given a fair chance to claim on their husband’s pension as they were not properly notified that they needed to do so. DWP wrote to the husband but not the wife, at the time she needed to claim. ( link to pdf )
Mind the Gender Gap – Women and Money
Ros appears briefly in a film by Ipsos exploring the issues behind the gender pensions gap – women have much less pension than men both state and private pensions – it often seems pension rules are made by men, for men, with women as an afterthought!
Peers vote for separate regulatory approach to open DB schemes
Ros is quoted by IPE pensions magazine, explaining the importance of having a separate funding regime for open defined benefit pension schemes, rather than forcing closed and open schemes to all chase top quality bonds (which don’t actually match their liabilities anyway and entail much higher costs for employers and members). ( link to pdf )
Defined Benefit Pensions in the current climate; with Baroness Ros Altmann
You can listen to this podcast which Ros did for Huntswood Group, looking at the impact of Covid19 on pensions, DB transfers, regulatory changes and future landscape.
Government suffers defeats in House of Lords over Pension Schemes Bill
Professional Adviser quotes Ros’ views on the improvements made by House of Lords amendments to the Pension Schemes Bill, aiming to increase protection for pension schemes and members. ( link to pdf )
From now, policies must put young people first. Starting with the triple-lock pension
Ros is quoted by Polly Toynbee in the Guardian newspaper, explaining the problems of pension policy and problems in our pension system in terms of tax relief and triple lock. ( link to pdf )
Use the £500 advice allowance for abridged advice
Ros published a Money Marketing column supporting the ban on contingent charging for DB pension transfers and calling for the £500 Pension Advice allowance to be used to pay for the FCAs suggested new ‘abridged advice’. ( link to pdf )
Furlough effect leaves Rishi Sunak with ‘triple lock’ pensions dilemma
Ros is quoted in the Guardian newspaper, explaining why the State Pension triple lock may be suspended due to the Covid-19 crisis impact on earnings indices. ( link to pdf )
JEFF PRESTRIDGE: Bonds will be good for Britain and savers
The Mail on Sunday calls on the Government to ensure savers are looked after and encouraged by measures to recover from the economic downturn created by coronavirus, quoting Ros praising the value of savings. ( link to pdf )