Express – Osborne boosts savers and pensioners
The Daily Express carried a Comment piece from Ros welcoming the new freedoms for savers and pensioners.
The Daily Express carried a Comment piece from Ros welcoming the new freedoms for savers and pensioners.
Ros explains why the 2014 Budget measures are so significant for pensions and savings and will be both popular with the public and also bring in extra revenue for the Chancellor.
Ros welcomes the revolution announced in the Budget for pensions and savings, with increased flexibility for ISAs and more pension savings taken as cash – she has called for these changes for many years.
Ros highlights how little fuss there seems to have been that private pension assets are being confiscated by Governments as economic conditions become tough and asks whether safeguards may be needed for private pensions
Ros explains why pension charges need to be capped, even though the latest auto-enrolment schemes seem to have lower fees. Workers in small firms need protecting if their employers cannot negotiate good terms.
Ros gave a talk at Imperial College outlining the background to the pensions crisis and suggesting some solutions
Ros gave a speech at the Connection Generations forum held by the Swiss Re Centre for Global dialogue and these are the slides she presented, calling for new thinking as people’s lives have changed
Description: Ros is writing a regular fortnightly column on for Money Observer magazine and website. Her first column explodes the myth that all pensions are too expensive and also picks up on one of the worst examples of unhelpful pensions jargon.
Steve Webb’s announcement that a cap on pension fund charges will not be rushed through for April 2014 is welcome and sensible says Ros
Ros comments on the political pressure to abolish or means test pensioner benefits and explains why a considered approach is important rather than knee-jerk reactions