The Sun – Annuities a huge gamble
The Sun featured Ros’ warnings about annuities being a big gamble.
The Sun featured Ros’ warnings about annuities being a big gamble.
Ros’ warnings about annuities being the biggest gamble many people will ever take were featured as the front page Splash in the Daily Mail.
Ros explains that annuities should not be considered as ‘safe’ long-term investments, because the capital is at risk. Nobody issues risk warnings to investors and she calls on regulators and trustees to do more to ensure customers are protected better.
Stock Market Wire featured Ros’ views on the risks of annuity buying in an article on their website.
Ros welcomes the DWP figures showing low opt out rates for auto enrolment so far, but discusses why these rates are likely to rise as smaller firms join the project in future.
Ros wrote an article for CityAM discussing latest figures showing opt out rates from auto enrolment to be very low so far.
Ros comments on latest figures showing that FTSE100 scheme pension deficits rose over the past year, despite a 10% increase in assets and employers pouring around £20bn into their schemes. QE and low rates continue to damage pensions.
Ros wrote an opinion piece for the Yorkshire Post commenting on the findings of a National Audit Office report which highlighted that pensions policy falls under 17 different Government departments or public bodies. She calls for them to be brought together.
Ros calculates that the failure of couples to buy joint life annuities may result in 250,000 widows or widowers each year at risk of being left with nothing when their partner dies.
Pensions World publishes Ros’ views of the risks to widows and widowers in current annuity markets, with reform focussing on getting the best rate, rather than buying the right product.