Press release marking the third anniversary of the Bank of England’s record low 0.5% interest rates, calling for the suffering of savers to be addressed, perhaps with higher Cash ISA allowances to help older people receive more interest tax free
Press Release explaining why the inflexibility of pensions is leaving many savers with nothing – using ISAs may be better than only pensions.
Ros explains why we really need better incentives and a sensible framework to help people plan to save for care needs in later life, at the moment they have no idea what to do.
Ros’ ideas on allowing people access only to their own contributions, but not employer contributions or tax relief are supported by the FT.
Ros’ ideas for allowing people access to their pension fund, so they can, if they need to, withdraw their own contributions (but not employer contributions or tax relief). This would encourage far more people to contribute in the first place, while also ensuring they do have some pension fund building up.
Press Release responding to appearances by Steve Webb, Pensions Minister, at Fringe Events at the Liberal Democrat Party Conference where he said changes to State Pension Age ‘must be fair’. Ros explains better and fairer ways for the current Pensions Bill.
Ros’ article published in the Yorkshire Post explaining that savers must not be made to suffer and Government should extend ISA allowances so that savers can have more income from their savings.
Ros calls for a higher ISA allowance in order to offset the impact of ultra-low interest rates on savers. Allowing interest tax-free would be the equivalent of an interest rate increase of 1% – 3% for taxpayers.
Ros comments on the disappointment that National Savings has withdrawn its inflation-linked savings certificates (and its fixed savings certificates) which were the best way for savers to protect themselves, tax free, against inflation.
highlights that almost no money is being set aside for care, even though people know it is important. They are just not saving.