Ros wrote a review of the impact QE and ultra low interest rates as the five year anniversary of these policies arrives. She highlights powerful winners and many losers with large risks looming on the long-term as rates have stayed too low for too long.
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
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
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
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.
Ros explains why she believes the Treasury’s announcement that ISAs will be allowed to invest in AIM stocks is sensible, but of course these will probably add to the risk level of a portfolio.
Ros calls on the Chancellor to free up the investment restrictions on ISAs, to allow savers to hold all their allowance in cash.
Ros comments on the FSA’s recommendations that investment return forecasts for pensions should be lowered to become more realistic – better late than never!
Article published in City AM explaining the dangers of auto-enrolment and the need for flexibility in savings policy.
Ros wrote a blog for Citywire explaining the difficulties for financial advisers when advising on pensions in the current exceptional interest rate environment.