Ros welcomes the decision by Government to protect auto-enrolment contributions for furloughed workers, and MoneyWise explains how it will do so. ( link to pdf )
Pensions Age reports on the Regulator’s decision to allow DB scheme pension transfers to be delayed by up to 6 months. ( link to pdf )
International Investment website carried Ros’ call for pension transfers to be put on hold for six months. ( link to pdf )
Ros is quoted by Professional Adviser magazine calling for a six month ban on pension transfers. ( link to pdf )
Professional Pensions magazine highlights the news that the Plumbing Pension Scheme has applied to the Scottish Courts to be permitted to use scheme assets to defend any challenges to its handling of the scheme assets and failures to collect past Section 75 debts from departing employers, despite statutory obligations to do so. ( link to pdf )
Professional Adviser magazine outlines the plans for a new All Party Parliamentary Group on Pension Scams, aimed at helping to combat the growing scam scourge. ( link to pdf )
The Daily Mail’s This is Money website quotes Ros explaining that the Spring 2020 Budget measures will give generous extra pensions to all high earners, as a result of measures to protect the NHS. ( link to pdf )
Ros welcomes the Spring Budget announcement that there will be a review into the Net Pay scandal and Pensions Age reports on this. ( link to pdf )
Professional Pensions carries Ros’ views that consumers need independent guidance or advice, rather than being signposted to pension provider helplines. The ABI has called for greater help for consumers, which is right, but it needs to be impartial. ( link to pdf )
PensionsAge magazine reports on the Written Parliamentary Question asked by Ros, whose response from Treasury shows that over 1million low earners, three quarters of whom are women, have been put into workplace Net Pay pension schemes which charge them 25% extra for their pensions than if their employer used a different scheme.( link to pdf )