A briefing on Annuities
Ros prepared a background briefing on the failings of the annuities market and urgent reforms required
State Pension age changes for women born 1950 to 1953 and link to DWP calculator
This file contains a link to the DWPs state pension age calculator, which allows you to enter your date of birth and calculate your state pension age, while also giving the detailed timetable of state pension age dates for women born between April 1950 and March 1953.
Defined Ambition pensions – consultation response
Ros responded to the DWPs’ consultation on reshaping workplace pensions, explaining her views on the proposed Defined Ambition pension designs.
IFS study is a wake up call for saving and working longer
Ros comments on the IFS study which suggests people born in the 1960s and 2006s are worse off than previous generations at that age. She points out that the IFS says these cohorts did have higher earnings in their early adult years but chose to spend rather than save their money. This means they may need to work longer to make up for longer lives and lower saving.
Shocking figures show largest fall in long-term savings since 1970s
Ros comments on latest Bank of England figures showing £23bn was taken out of long-term savings in the past year, partly driven by Funding for Lending’s impact on saving rates
Shocking figures show largest fall in long-term savings since 2006s
Ros comments on latest Bank of England figures showing £23bn was taken out of long-term savings in the past year, partly driven by Funding for Lending’s impact on saving rates
Where have all the savers gone – Chancellor needs to act in his Autumn Statement
Latest figures show the largest fall in long-term savings since the 2006s – Ros calls for the Chancellor to address this with extra help for savers in his Autumn Statement
Well done Mr. Carney – FLS should have focussed on business lending long ago
Ros welcomes the news that the Bank of England has decided the Funding for Lending Scheme should focus only on business lending and not mortgages next year. This should have happened at the start, but is welcome now nevertheless to take pressure off the housing market.
Response to DWP charges consultation
Ros submitted a response to the DWP consultation on pension fund charges
Obsession with pension charges is the wrong focus
Ros’ views on pension charge caps were written up by Stock Market Wire and explain why Ros believes the obsession with driving down AMCs may have gone too far.