Press Release highlighting why the Bank of England’s decision to launch a second round of ‘Quantitative Easing’ is dangerously misguided and will undermine economic activity, rather than create sustainable growth. By buying gilts, QE means new pensioners will be permanently poorer as annuity costs and inflation soar.
Press Release explaining that the Government’s latest and much improved offer to the public sector unions is very generous and, if they understood it, surely the workers would accept it.
Press Release highlighting that pensioners face an inflation rate even higher than the national average, with rpi increasing by over 6%.
Ros warns of the dangers of the Bank of England’s desire for more Quantitative Easing and that it will end in disaster.
Press Release welcoming the news the Default Retirement Age has officially ended and workers can no longer be sacked for being 65.
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.
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.
Press Release highlighting that Saga has calculated inflation for the over 50s and, since the start of the credit crisis, inflation for older people is nearly 20%, so nearly a fifth of their purchasing power has been wiped out in just 4 years.
Ros comments on remarks by Iain Duncan Smith, Secretary of State for Work and Pensions, which suggest that Government is considering bringing forward the increase in state pension to 67 by 2026. This could allow a slower timetable for increasing to 66, giving fairer notice.
Ros comments on the disappointment that National Savings has withdrawn its inflation-linked savings certificates (and its fixed savings certificates) which were the best way for savers to protect themselves, tax free, against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.