A crash course in pension strategy
Ros is interviewed on AssetTV to give her thoughts on what should people do about pensions after the recent market crashes – rising risks of scams, try not to panic, remember these are long-term investments.
Hold off on rash pension decisions, say regulators
Professional Pensions magazine highlights the recent statements by financial Regulators that people should not make rash pensions decisions during the Corona virus crisis and Ros’ call for transfers to be put on hold is mentioned. (Subscription needed to view.)
Coronavirus: Government will cover National Insurance and pensions for furloughed workers
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 )
FCA delays DB transfer rules update by up to 6 months
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 )
Former pensions minister Ros Altmann calls for six-month pause on pension transfers
International Investment website carried Ros’ call for pension transfers to be put on hold for six months. ( link to pdf )
Former pensions minister Ros Altmann calls for six-month pause on pension transfers
Ros is quoted by Professional Adviser magazine calling for a six month ban on pension transfers. ( link to pdf )
Plumbing Pensions seeks approval to fund legal battles for s75 non-payments
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 )
Parliamentary group launches to step up action on pension scams
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 )
High earners get pension tax relief boost in the Budget to fight NHS crisis stopping doctors working
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 )
Spring Budget 2020: Govt confirms review into net pay anomaly
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 )