Tesco to close its pension scheme
Ros discusses the potential closure of Tesco pension scheme and points to the impact of low bond yields on pensions
Cashing in annuities – how could it work?
Ros comments on Steve Webb’s suggestion that annuity customers may be allowed to cash in their annuities
Sharp rise in Tesco pension deficit requires sensitive handling
Ros comments on recent reports that Tesco pension deficit has risen sharply, and explains that this is partly due to ultra-low bond yields that have resulted from QE. The Pensions Regulator needs to balance the long term interests of the pension scheme and the short-term interests of the business when deciding on deficit repair contribution demands
Retired people want to work!
Ros highlights the results of a Eurofound Survey report which shows that more than half of retired people across Europe would actually like to be working, mostly wanting part time rather than full time work. This is a major social change
Regulator is right to put member interests above shareholder cash
Ros welcomes the decision by the UK Pensions Regulator to prevent GPG Group from paying out too much cash to shareholders while it remains responsible for schemes with large deficits
StockMarketWire GPG ordered to put member interests above shareholder cash
StockMarketWire wrote about Ros’ support for the UK Pensions Regulator to prevent GPG Group from paying out too much cash to shareholders while it remains responsible for schemes with large deficits
Reaction to Autumn Statement 2014
Ros outlines the measures announced in the Chancellor’s Autumn Statement, explaining what it did for pensions, savings and older people as well as the measures that were omitted which Ros would have liked to see
Embracing the 3 'R's can boost growth and improve later life
Ros gave the Robert Butler Memorial Lecture to the ILC Global Alliance forum in London, explaining the need to encourage more productive ageing across the developed world.
Use your pension like a bank account
Ros explains how the recent pension reforms could allow people to withdraw money from their pension funds in a flexible manner, rather like they might access their bank of building society accounts.
Rising retirement ages can boost economy
Ros comments on DWP forecasts suggesting that average retirement age should rise by 6 months a year in order to catch up with past trends in life expectancy. She suggests later retirement is inevitable and could provide a welcome boost to lifetime incomes and the economy.