Why a reckless addiction to borrowing could wreck the UK’s economy
The Yorkshire Post article quotes Ros’ research highlighting worrying rises in debt across the UK and warns that a reckless addiction to debt could wreck the economy. ( link to pdf )
Beware the pitfalls of the Lifetime Isa
Mailonline quotes Ros warning about the dangers of the Lifetime ISA and the potential for mis-selling and mis-buying. ( link to pdf )
FCA will not investigate its role in Woodford saga
FT Financial Adviser magazine highlights Ros’ concerns about inadequacy of FCA regulation in retail fund management industry and Woodford debacle. ( link to pdf )
Savers frozen out of second Woodford fund: But guess what? He is STILL charging them fees
ThisIsMoney comments on the closure of Woodford Funds and problems for retail investors, including Ros’ comments on inadequacy of regulation. ( link to pdf )
Allowing the young to dip into their pensions to buy a house is a crazy idea
Ros’ views on the problems of allowing young people to take money from their pensions for a house deposit are highlighted in this Money Observer article. ( link to pdf )
Fixing a tax flaw depriving poorly paid workers of pension cash is not ‘cost effective’, admits City minister
ThisIsMoney article highlighting the injustice of Net Pay system. ( link to pdf )
Happy new tax year!
Irish News repeats Ros’s warnings that Lifetime ISAs should only be sold with advice – ‘advice is nice’! ( link to pdf )
Make firms pay more in tax if they hand their bosses’ huge pension gains, demands former minister
Reduce tax or NI relief if bosses pay themselves much bigger pensions than other staff – This is Money article. ( link to pdf )
Ros Altmann: Govt bodies must promote value of advice
Government financial guidance body needs to help people understand the value of financial advice – Ros column in Money Marketing. ( link to pdf )
Sants stakes reputation on guidance body success
Citywire – New Single Financial Guidance body should get rid of the word ‘advice’ from its functions. ( link to pdf )