Press Release expressing concern that a major UK pensions advisory company is halving its contributions to its money purchase pension scheme and leading the way for other employers to follow. This risks pensioner poverty and worsens our pensions crisis.
Press Release explaining that the Bank of England’s decision to print money to buy gilts will not work, the money will either leak abroad or not get to where it is so urgently needed – and pension funds and annuity rates will be severely damaged too.
Press Release highlighting the dangers of ‘printing money’ in an environment where inflation is still above the Bank of England’s target.
Press Release explaining that Pension Protection Fund rules should apply to failed bank pension schemes, which would reduce Sir Fred’s pension to around £20,000.
Press Release supporting UK Pensions Regulator’s statement highlighting that companies should not prioritise dividends to shareholders ahead of making up pension deficits.
Press Release warning that FSCS protection can disappear if a bank decides to pull out. Investors will no longer be covered and FSA is not warning of this risk. Investors who take care to make sure they are covered by UK protection are being let down.
Press Release critiquing the Governments report which claims to show that saving in personal accounts will make almost everyone better off. Ros suggests the conclusions are misleading, ignore the employer contribution, are highly dependent on over-optimistic assumptions and that the report does not stand up to proper scrutiny.
Press Release warning that cutting interest rates again will worsen the economic outlook and worsen poverty for pensioners. Ros urges the authorities to stop cutting rates and focus on fiscal policy.
Press Release critiquing Government’s emergency policy measures, explaining dangers and highlighting unfairness for pensioners of pension credit assuming they still earn 10% interest on their savings.
Ros explains why cutting interest rates even further from here is not sensible and causes significant damage to pensioners living on their savings. She recommends bringing back the 10p tax band to improve incomes for all taxpayers and improving the state pension to help all pensioners over age 75.