Ending age 75 compulsory annuitisation - a great start
14 May 2010
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Ros' blog on Citywire calling for far-reaching annuities reform, welcoming the pledge to end compusory annutiisation by age 75.
Ros calls for Annuity Reform
7 May 2010
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Ros is quoted by 'Right Annuity' calling for better regulation of annuity sales and more access to enhanced annuities.
Annuities Inquiry for FSA Consumer Panel
April 2010
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Paper sent to FSA Consumer Panel, suggesting a programme of research to identify consumer detriment and explore possible solutions in the annuity markets.
FSA drawdown fears ignore annuity risks
16 March 2010
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Ros' comments following the FSAs report on Financial Risk, highlighting that the FSA seems to believe annuities are a 'no risk' product, whereas, in reality, they entail significant risks for purchasers who do not understand what they are buying. Click here to read the article on the Citywire website.
NESTs ignore annuities - but pension outcomes are vital
11 January 2010
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Ros wrote a blog for Citywire explaining the dangers for individuals auto-enrolled into NESTs. When they come to retire, nobody has thought through the annuity risks they face. Click here to read the article on the Citywire website.
Planning for Retirement – You're on your own
May 2009
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Ros was commissioned to write an independent report on the problems facing individuals who are trying to plan for their retirement. She covers the history of our pension system, the risks of relying too heavily on the stock market to deliver good pensions and discusses some of the misconceptions of pension planning. Do you know the difference between a pension fund and a pension? Do you know what options are available on retirement? Can you afford to gamble your future security? All these questions are touched on in the report. Copies of the report are available at www.metlife.com/rp
Is lifestyling fit for purpose for people's pensions?
December 2008
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Corporate Adviser asked for Ros' comments on whether lifestyling products are suitable for pension investors who do not have an adviser.
CII Thinkpiece on personal accounts and annuities advice
May 2008
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Article published by Chartered Insurance Institute (CII) giving Ros' views on why generic advice for personal accounts will not work, but it could be very helpful for annuities.
Saga website – Introduction to annuities
August 2007
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Article written for Saga website, explaining the basics of annuities and factors to think about before buying.
Saga website – different types of annuity you can buy
18th April 2007
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Article for Saga website explaining the different types of annuities available.
Feature article on annuities for Corporate Adviser magazine
November 2006
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Article published in Corporate Adviser magazine, discussing some of the shortcomings of the current annuity market and how ineffective the open market option is in practice.
Pensions Management article on trustees and annuity reform
April 2005
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Article published in Pensions Management outlining problems of annuity purchase and urgent reforms required to make open market option work better. Also warning trustees of defined contribution schemes to take care to ensure appropriate annuities are purchased for members.
Why winding-up schemes should not buy bulk annuities
December 2004
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Note prepared for DWP explaining why assets of occupational schemes in wind-up should not be used to buy annuities, but should be pooled, as will be the case for the PPF, to minimise costs of assistance and maximise potential pensions for victims.
Cost of Annuities
February 2003
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Figures showing how much it might cost to buy an annuity of £10,000 per year.
The Future of Annuities
November 2002
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Powerpoint presentation outlining future issues for annuities presented at Journal of Pension Economics Panel Session, November 2002.
Possible Taxation Implications Of Lifetime Capital Protection For Annuities
May 2002
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Discussion of taxation implications of money back guarantees for annuities.
The Open Market Option
April 2002
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Discussion of points relevant to Open Market Option for annuities.
Annuity Reform Proposals
April 2002
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This article appeared in ‘Financial Adviser’ in April 2002, discussing Dr. Altmann's proposals for reform of annuities – to try to ensure that those with moderate or smaller capital sums still are able to obtain good value from their annuity.
Response to ‘Modernising Annuities’ Consultation Document
March 2002
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This is the response which Dr. Altmann submitted to the Inland Revenue’s ‘Modernising Annuities’ consultation in March 2002.
'Money Back Guarantees' for Annuities
March 2002
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Comparative Rates
February 2002
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Illustration of differential in annuity rates in the market place.
Fairer Pensions for All
November 2001
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Note describing problems and possible solutions to problems of annuity market.
Modernising Annuities - What can we do?
March 2001
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Discussion of proposals to ensure everyone who buys an annuity can get the right annuity at the right rate.