Latest Publications


Yorkshire Post - My manifesto for a fairer and freer financial sector new!
22 April 2015
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Ros wrote an Opinion Piece for the Yorkshire Post, explaining why customers need fairer treatment in the financial services sector


Sunday Times: Why I believe the pension reforms are right
2 April 2015
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Ros wrote a piece for the Sunday Times explaining why she welcomes the new pension freedoms and how they will benefit ordinary pension savers


Citywire: Why older workers are so precious
Apirl 2015
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Ros wrote an article for Citywire explaining the value of older workers and how they can benefit the economy


New Statesman – pension reforms explained
April 2015
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Ros wrote an article for the New Statesman, explaining the new pension freedoms


New second hand annuity market is good news
16 March 2015
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The Yorkshire Post supported Ros’s views that proposals to set up a second hand market for annuities will be good news for many pensioners – giving them an option they have not had before


Pension freedoms will start in April 2015 – or will they?
2 February 2015
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Ros wrote a blog for MoneyObserver expressing her concerns about pension firms not permitting their customers to benefit from the freedoms they should be able to have in april 2015


Pensions Expert – Don’t abandon member safeguards in DB-DC transfers
10 February 2015
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Ros wrote a Talking Head Comment piece for Pensions Expert FT Magazine expressing concerns about the Government’s decision to allow up to £30,000 DB pensions to transfer out without advice and calling on trustees of defined benefit pension schemes to help members who may not take advice before transferring out


Guardian Comment - Who are you calling old – time to ditch ageist stereotypes
04 February 2015
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Ros wrote an article for the Guardian in which she highlights the negative connotations of the word ‘old’ and calls for an end to such stereotype labelling.


Why shouldn’t older people work?
8 January 2015
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The Daily Telegraph published an article where Ros gives her views on the benefits of longer working lives and why people should consider embracing the idea of working longer.


Times 'Thunderer': We must end these rip off fees
18 December 2014
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The Times published an article by Ros in the 'Thunderer' column calling for an end to rip-off pension charges


Daily Mail Monday Column – let’s use pension savings to fund housebuilding
24 November 2014
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Ros wrote an article published in the Daily Mail Business Section Monday Column calling for new housebuilding funded by pension assets to help create jobs, boost the economy and offer attractive risk/reward alternative for pension funds


Guardian – Employers should harness the potential of older workers
20 November 2014
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Interesting article in the Guardian outlining why employers should not overlook the value of keeping on or bringing in older workers, as well as the young


Pensions Expert comment - Pension freedom may hamper CDC
26 October 2014
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Ros wrote a Comment article for Financial Times Pensions Expert Magazine, explaining her views on collective pension schemes and how the new pension freedoms may make Collective Defined Contribution schemes less attractive.


Dr. Altmann's Pensions Clinic: Guidance will be important but not enough to protect customers
26 October 2014
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Ros wrote her fortnightly blog for MoneyObserver Magazine explaining why extra protection for consumers should be introduced by the FCA to ensure firms must ask relevant questions before selling them a product to try to assess basic suitability.


New Model Adviser - Can MAS and FCA finally protect customers?
1 October 2014
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New Model Adviser reports on remarks made by Ros at a Fringe Meeting at the Tory Party Conference in which she suggests that the Money Advice Service has not served the public well on annuity information and calling on the FCA to protect customers properly.


Why are so many older workers rejecting free money?
29 September 2014
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Pensions World article highlighting my thoughts on the need to encourage more older workers to remain auto-enrolled, because opting out means they are rejecting free money. The new rules should allow most to benefit from pension saving in future.


Yorkshire Post - Osborne helps increase all our pension pots
29 September 2014
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Yorkshire Post Comment article on how the abolition of the 55% inherited pensions tax has the potential to increase everyone's pensions.


Older people have so much to offer, don't just write them off
16 September 2014
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Ros wrote a lead comment for the Daily Express calling for more appreciation of the value of older people and their contribution to society.


Older workers may just need a break, not stopping altogether
13 September 2014
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Ros wrote an article for the Daily Mail extolling the virtues of older workers and calling for measures to encourage and enable longer working lives, with some having career breaks or just some time out, then returning to work, rather than stopping altogether.


We need more collaboration between public pension funds
10 September 2014
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PensionFundsOnline highlights Ros' call for closer collaboration between public sector pension funds to benefit from economies of scale.


FT Pensions Expert: Eight Building Blocks of the Guidance Guarantee
3 September 2014
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The Financial Times' Pensions Expert magazine published an article by Ros which outlines what scheme members should expect from the guidance guarantee, including the impact of tax, inflation, and the the cost of future care.


Daily Mail Monday View column - older workers need a jobs revolution
1 September 2014
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Daily Mail published an article in which Ros calls for more jobs for older people and explains how this can benefit all of us.


Yorkshire Post column - We need tax breaks for care savings
30 June 2014
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Ros wrote a column for the Yorkshire Post calling for new tax breaks to help people save for the looming costs of social care.


CityAM article - Making long term saving work for everyone
30 May 2014
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Ros wrote an article published in CityAM supporting calls for consideration of auto-enroling more low-paid workers, but perhaps ensuring they have more flexibility in their savings vehicles at work


Yorkshire Post: How insurers lost touch with their customers
31 March 2014
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Ros' views on why insurance companies have not always understood their customers' needs were published in the Yorkshire Post


Spectator blog - Ten things that have gone wrong in the UK insurance industry
30 March 2014
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The Spectator carried a blog from Ros outlining ten ways in which the UK insurance industry has been at fault and how it can change to better meet the needs of its customers.


CityAM lead comment: The pension revolution could restore Britains long-term savings culture
24 March 2014
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Ros wrote a lead article for CityAM explaining her belief that the measures in the 2014 could mark the start of a revival of Britain's long-term savings.


Express Budget Comment - No more rip-off annuities, a savings and pensions revolution
20 March 2014
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The Daily Express carried a Comment piece from Ros about the monumental changes to savings and pensions in the 2014 Budget.


Times Thunderer : At last we will trust people with their own money
20 March 2014
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The Times published a Comment piece from Ros welcoming the new Budget measures that will allow people to choose what to do with their pensions.


Express - Osborne boosts savers and pensioners
20 March 2014
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The Daily Express carried a Comment piece from Ros welcoming the new freedoms for savers and pensioners.


Can the Chancellor's savings revolution deliver the Tories the next election?
20 March 2014
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Can the chancellor's savings revolution deliver the Conservatives the next election?


FT Comment - UK Budget 2014: A watershed moment for pensions and savings
19 March 2014
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Ros explains why the 2014 Budget measures are so significant for pensions and savings and will be both popular with the public and also bring in extra revenue for the Chancellor.


Altmann calls for end to low rates
4 March 2014
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Ahead of the 5th anniversary of record low rates and the start of QE, Stock Market Wire carries Ros' views that rates need to start rising and have stayed too low for too long.


Five years of record low rates - winners and losers
4 March 2014
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Ros' views were featured in Pensions World, explaining the winners and losers from the Bank of England's policies five years on.


FT Pensions Expert: How QE has harmed UK pensions
24th February 2014
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Ros wrote a 'Talking Head' piece for the Financial Times publication 'Pensions Expert' which explains the damaging impact of Quantitative Easing on UK pensions


CityAM - Worrying annuity market failings still not being addressed
14 February 2014
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Ros wrote an article for CityAM expresses concerns that the FCA review shows the failings of the annuity market but is still not addressing them


Economic Forecasts for 2014 - Clash of the Titans
10 December 2013
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A transcript of Ros' speech at the Clash of the Titans event with her forecasts for the UK economy in 2014 - she predicts a boom year.


Click here to view Published Papers

Defined Ambition pensions - consultation response
17 December 2013
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Ros responded to the DWPs' consultation on reshaping workplace pensions, explaining her views on the proposed Defined Ambition pension designs.


FTfm - Scare stories about USS liabilities are overblown
10 November 2013
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Financial Times FTfm supplement published an opinion piece from Ros in which she explains why the USS pension scheme critics are too negative


MetLife Report - Pensions: Time for change
31 October 2013
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Ros wrote a major report sponsored by MetLife Insurance which highlights what has gone wrong with UK Defined Contribution pensions and how they need to change to fit 21st century realities. Niether the accumulation nor decumulation products are fit for modern lifestyles.


Why people should consider drawdown before buying an annuity
7 October 2013
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Ros wrote a Foreword for the 'WhatInvestment Guide to Income Drawdown', explaining the risks of annuity buying and why Income Drawdown should be considered by many


Telegraph - Ban high charges for annuity broking
17 September 2013
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The Daily Telegraph published Ros' views that annuity purchasers should receive advice, rather than paying high fees to brokers who offer no regulatory protection and no advice


Why everyone needs advice at retirement
14 September 2013
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Ros was interviewed by InvestmentSense magazine 'In the Spotlight' section. She explains her thinking that advice is essential for anyone considering buying an annuity


Daily Mail front page - Annuities the biggest gamble of your life
13 August 2013
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Ros' warnings about annuities being the biggest gamble many people will ever take were featured as the front page Splash in the Daily Mail.


Autoenrolment - so far so good
8 August 2013
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Ros wrote an article for CityAM discussing latest figures showing opt out rates from auto enrolment to be very low so far.


3 more years of low rates have damaging impacts on many Londoners
8 August 2013
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Ros wrote a letter to the London Evening Standard explaining that there are downsides to keeping interest rates so low for so long.


Yorkshire Post op-ed: Need joined up pensions policy to keep grey pound in the black
4 August 2013
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Ros wrote an opinion piece for the Yorkshire Post commenting on the findings of a National Audit Office report which highlighted that pensions policy falls under 17 different Government departments or public bodies. She calls for them to be brought together.


Need to protect the state pension
27 July 2013
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Ros wrote an article for Financial Times, Financial Adviser Magazine calling for proetction of the state pension for future pensioners


Let's have cohesive policy on retirement income
15 July 2013
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Article on Stock Market Wire website commenting on Ros' calls for cohesive policy on pensioner incomes.


Pensions World article - NEST restrictions should be lifted before 2017
10 July 2013
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Pensions World Magazine published Ros' views on the announcement that NEST restrictions would be lifted in 2017, explaining why it would be much better to remove them earlier.


The ACtuary Magazine Soapbox: QE Damage to Pensions
July 2013
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Ros wrote an article for The Actuary Magazine explaining that the Bank of England's policies are damaging both defined benefit and defined contribution pensions.


Moneywise Magazine - Ros Altmann's pensions clinic
July 2013
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Ros was interviewed as a feature article for Moneywise Magazine explaining her career and her policy expectations.


Guardian comment - Should pensioners fear politicians' plans?
11 June 2013
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Ros wrote an article for Guardian Commentisfree discussing the recent suggestion by Ed Balls that Labour would include pensions in a spending cap. Here is a link to the article too.


Yorkshire Post - women bewildered by pension changes
6 June 2013
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Ros wrote a comment article for the Yorkshire Post on how state pension age changes are so complicated they have left many women bewildered. She calls for more information to be provided by Government to ensure the public is informed. Here is a link to the article too.


Bank of England policy worsening inequality
3 June 2013
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Ros wrote an article for CityAm explaining how the Bank of England's policies are worsening regional and generational inequality, with the young and those in the north losing out. Here is a link to the article as well.


Monetary policy's unintentional side effects
May 2013
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Ros explains why QE isn't working and how it is causing damaging side-effects that will have longer term negative consequences.


Daily Express Comment - Stop pensioner bashing
1 May 2013
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Ros wrote a Comment article for the Daily Express calling on the Government to end its attacks on pensioner benefits.


Pensioners should not feel guilty about their entitlements
1 May 2013
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Ros wrote a comment article for the Yorkshire Post explaining that pensioners have worked hard and saved hard and should not be ashamed of receiving state pension entitlements.


Pensions World - failure of regulation could derail autoenrolment
26 April 2013
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Ros comments on the dangers for workers of the current regulatory gaps and calls for a better, simpler regulatory regime - just one for all pensions.


Employers must act now on auto enrolment
25 April 2013
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Ros wrote an Expert View column for the JC highlighting the urgency of employers starting to plan for pensions auto-enrolment.


Giving Young Women and Girls a Voice Competition, 2013
19 Aprl 2013
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Ros Altmann is one of the judges in the inaugural National Council of Women 'Giving Young Women and Girls a Voice' competition, 2013. She tells us about some of the challenges she has faced as a woman working in finance and what she is looking for in the essays.


Ripped-off Britons - Guardian cartoons on consultancy charging
13 Aprl 2013
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The Guardian's 'Ripped off Britons' cartoon section used Ros' views on consultancy charging to highlight the problems faced by workers forcibly paying for advice to their employers, from unregulated unqualified 'consultants'. She calls for the Government to stop or cap the charges.


The Independent Feature: Are politicians undermining capitalism?
30 March 2013
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Ros was interviewed by the Independent for a feature on her career which highlighted the pensions campaign she was part of and her views on the dangers of QE


CityAM feature - A Budget for Borrowers again
21 March 2013
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Ros wrote an article for CityAM giving her views on the main Budget measures, with little cheer for savers but big boost for borrowers. She expresses her concerns about stoking up house prices.


tPR objectives - should they be changed in favour of employers?
21 February 2013
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Ros responded to the DWP consultation about whether the objectives of the UK Pension Regulator need to be changed to increase its emphasis on employer affordability.


Consultation response on smoothing Pension Fund discount rates
21 February 2013
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Ros responded to DWP consultation on allowing smoothing of UK pension fund discount rates


Ros's evidence for Treasury Select Committee hearing on QE
29 January 2013
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Ros submitted supplementary evidence to the Treasury Select Committee inquiry on QE, ahead of her appearance on 29th January 2013


Response to Call for Evidence on Nest Restrictions
28 January 2013
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Ros submitted evidence to the DWP on removing the restrictions on NEST, calling for the restrictions to be lifted as soon as possible to allow NEST to compete better with the rest of the marketplace


White Paper state pension reform much less generous than Green Paper
16 January 2013
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Ros explains that the latest proposals for state pension reform - a £144pw flat rate state pension with 35 years contributions - is far less generous for most people than the £140pw proposed with 30 years contributions in the Green Paper, however the entitlements for members of final salary schemes have been made much more generous


There is no Magic Money Tree for pensions
14 January 2013
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Article published in the The Times newspaper where Ros explains why people need to get real about pension thinking and recognise the reality that as life expectancy has increased, pensions will not appear by magic. The state can pay a minimum and the rest is up to you.


Why State Pension reform is welcome
14 January 2013
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CityAM published Ros' views on why the latest state pension reform proposals are broadly welcome


FT Financial Adviser Q&A with Ros A.
20 December 2012
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Ros was interviewed by FT publications Financial ADviser Magazine and asked about her views on all aspects of pensions policy.


New Statesman - Autumn Statement wish list
5th December 2012
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The New Statesman published Ros' wish list for the Autumn Statement policy changes


Response to ONS consultation on improving rpi
29 November 2012
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Ros' response to ONS consultation on changes to the retail prices inflation index, to bring it into line with lower cpi.


Why we must help savers
16 November 2012
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Ros calls on the Chancellor to free up the investment restrictions on ISAs, to allow savers to hold all their allowance in cash.


Pensioners using income drawdown should be trusted with their own money
3 November 2012
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Ros wrote an article for the Mail on Sunday warning that the new rules for Income Drawdown have resulted in another pension scandal, with pensioners being deprived of their own money just because annuity rates - which they never wanted to be involved in - have fallen.


State Pension reform will have to retain the contributory principle
30 October 2012
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Ros wrote a blog for Citywire explaining that Steve Webb's pre-Coalition plans for a citizen's pensions have now been amended to retain the contributory principle for state pension reform which retains National Insurance.


Monetary policies have scared away the 'confidence fairy'
24 October 2012
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Letter published in Financial Times questioning whether monetary, rather than fiscal policies have dampened growth.


The Times Opinion Piece - Means-testing pensioner benefits is a step in the wrong direction
1 October 2012
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The Times published Ros' article on why means-testing pensioner benefits is not the right way to cut costs of paying to pensioners, taxing them or increasing age-of-entitlement would not penalize savers and would not mean means-testing millions of pensioners.


The Times Opinion Piece - Means-testing pensioner benefits is a step in the wrong direction
1 October 2012
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The Times published Ros' article on why means-testing pensioner benefits is not the right way to cut costs of paying to pensioners, taxing them or increasing age-of-entitlement would not penalize savers and would not mean means-testing millions of pensioners.


Pension problems need fixing
October 2012
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Ros wrote an article for Moneywise Magazine explaining why pensions need to be more flexible.


Plans to use pensions to for housebuying leaves pensioners at risk
27 September 2012
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Ros wrote an opinion piece in the Yorkshire Post which explains why Nick Clegg's proposal to use older people's pensions to fund younger relatives' house purchase is not a smart idea.


City AM: Auto-enrolment needs to foster a broader savings culture
27 September 2012
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Article published in City AM explaining the dangers of auto-enrolment and the need for flexibility in savings policy.


Citywire blog - Bank of England policies put financial advisers in a pickle
26 September 2012
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Ros wrote a blog for Citywire explaining the difficulties for financial advisers when advising on pensions in the current exceptional interest rate environment.


Guardian Comment - Don't use pensions for house deposits
19 September 2012
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Ros wrote a blog for the Guardian website responding to Nick Clegg's suggestion that pensioner benefits should be means-tested - very unwise and penalise savers and private pensions.


Let Savers Decide what to do with their money
16 September 2012
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Ros published an article in the Mail on Sunday, explaining why the Government should allow savers to use their full annual ISA allowance for cash if they need to, rather than having to gamble half on the stock market.


Sign this petition to call on Government to lift ISA restrictions
16 September 2012
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Mail on Sunday has set up an e-petition calling on the Government to lift restrictions on ISAs, so that people can hold the full annual allowance in cash, rather than having to gamble half on stocks and shares.


Economic policies leave average pensioner £1318 worse off
12 September 2012
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Article on Daily Mail website explaining why pensioners are worse off as a result of official policies.


How fiscal and monetary policy have impacted pensioners
12 September 2012
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Report from Cebr examining the impact of fiscal and monetary policy on pensioners 2009 - 2014.


The impact of QE on over 50s
12 September 2012
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A report from the Cebr quantifying some of the impact of Bank of England policy on Britain's over 50s, explaining why monetary policy has damaged real incomes and spending.


Analysis of impacts of Monetary Policy on spending of over 50s
6 September 2012
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Cebr research quantifying the possible effect of QE, inflation and low interest rates on consumption spending by the over 50s and impact on GDP.


Get ready for the pensions revolution
31 August 2012
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Article by Ros published in the JC explaining that we will all need to think about pensions as auto-enrolment starts.


We'll save in the future if we spend more on social care now
8 July 2012
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Ros wrote an article for the Sunday Telegraph, explaining why we must not think too short-term about social care reform - if we don't fund it now, it will cost more later. People need to save for later life care needs.


Women are the poor relations in pensions
8 July 2012
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An article published in the Sunday People newspaper, where Ros explains that women's pensions are far lower than men's and those women approaching retirement now have very poor pension prospects.


What will the White Paper on State Pension reform achieve?
5 July 2012
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Article from House Magazine previewing the forthcoming White Paper on state pension reform.


Looking forward to the White Paper on State Pension reform?
5 July 2012
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Ros wrote an article for House Magazine, outlining what we might expect to see in the Government's forthcoming reforms of the state pension.


Why pay pensioner benefits to well off pensioners?
1 July 2012
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Ros explains, in the Sunday Sun newspaper, why it is important to keep universal pensioner benefits, rather than moving to more means-testing.


QE is a danger to pensions and pensioners
15 June 2012
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Ros wrote an article for the Scotsman which explained how QE has caused damage to both pension funds and annuities, making pensioners poorer and potentially weakening the economy


Will auto enrolment solve the pensions crisis
June 2012
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Ros wrote a feature for the Actuarial Post supplement on auto enrolment, explaining that this policy will not be sufficient to overcome the pensions crisis, but it is a start.


Express Comment: Care reform can't wait any longer
23 May 2012
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Ros wrote a Comment article published in the Daily Express explaining the unfairness of the current care system and how private payers are subsidizing publicly-funded care residents.


Guardian Comment - why social care spending must not only be focussed on poorest
9 May 2012
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Ros wrote for the Guardian website explaining why the proposal from the Centre for Social Justice to just target state social care payments only on the poorest would be wrong - this would be a significant disincentive to save.


Pensions World - QE damages pensions
May 2012
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Ros explains why QE has taken money from people's pensions and given it to borrowers and banks, leaving pensioners poorer in retirement.


Telegraph blog- QE has irreparably damaged pensions
18 April 2012
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Ros' Blog on Telegraph website explaining the damage done to UK pensions by QE.


Why is policy so against pensioners?
11 April 2012
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Ros wrote a column for the Daily Express commenting on rumours of plans to tax state pensions at source for some pensioners and suggesting that policymakers need to stop targeting pensioners.


We're stuck in a time warp, must rethink pensions and retirement
11 April 2012
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Ros outlines her vision for a new phase of life, with people working longer but part time, as pensions have not delivered enough to support longer lives adequately.


Policymakers ignoring QE damage
29 March 2012
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Article published in Financial Times Financial Adviser magazine asking why damage of QE is being ignored.


QE undermines UK pensions
29 March 2012
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Ros wrote a feature for FT Financial Adviser Magazine, explaining why QE is so damaging


Guardian feature on Ros and her aims at Saga
28 March 2012
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The Guardian interviewed Ros to highlight her work at Saga and what she wants to achieve


Express - how much bad news can middle income pensioners take?
24 March 2012
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Article published in the Daily Express explaining that middle income pensioners have been particularly hard hit by the Budget


Yorkshire Post article - Poor pensioners in the Budget
23 March 2012
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Ros wrote an op-ed for the Yorkshire Post commenting on the Budget and explaining that middle income pensioners will lose out, no help for savers and a disappointment for older people


A slap in the face for decent pensioners
23 March 2012
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Article published in the Daily Telegraph explaining why the Budget's measures to abolish the age-related-allowance is so damaging for decent pensioners who worked and saved hard for their future


Huffington Post blog - what was wrong with the Budget
22 March 2012
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Blog on Huffington Post highlighting Ros' views on how the Budget has let down decent middle-income pensioners


Granny tax - a stealth attack on pensioners
21 March 2012
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Ros wrote a blog for the Daily Mail 'RightMinds' website, explaining that the Budget's stealth tax on pensioners, disguised as simplification, has caused great offence


Huffington Post blog - what should the Budget do?
20 March 2012
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Blog for the Huffington Post website explaining what Ros would like to see in the Chancellors forthcoming Budget


New Statesman - Budget forecast
19 March 2012
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Ros wrote for the New Statesman explaining what the Chancellor needs to do in his Budget


QE isn't working
9 March 2012
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Article published in the Expert View column of the JC, ex;aining the pitfalls of QE and why it isn't working, also suggesting that direct lending to small firms would be far more effective in stimulating the economy


Why printing money is a disaster for older people
1 March 2012
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Ros wrote an article for the National Federation of Occupational Pensioners NFOP Magazine explaining how QE damages pensions and pensioners and is a disaster for older people.


New Statesman:  Benefits of using ISAs
March 2012
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Ros wrote an article for the New Statesman Magazine explaining the benefits of using ISAs alongside pensions and why employers and employees might prefer a more flexible approach.


FT Letter: Power of Pension Investments Can Stimulate the economy
22 February 2012
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Letter published in the Financial Times where Ros explains how using pension fund assets to stimulate economic activity is far better than cutting pensioner benefits or raising taxes.


The Times Letters: QE is undermining our pensions
21 February 2012
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Ros' letter published in The Times explaining why the Bank of England's policy is distorting the risk free asset as well as undermining the UK pension system.


QE is silently stealing older people's assets
20 February 2012
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Ros wrote a blog for the Daily Mail's 'RightMinds' blog website, explaining in detail how QE is damaging our pension system and is not a sensible strategy for trying to boost growth.


Why QE is so bad for retirees
9 February 2012
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Ros explores how QE is impacting people recently or soon-to-be retired, making them permanently poorer and there is almost nothing they can do to protect themselves.


The Oldie - Annuities theft
February 2012
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Ros wrote an article for the Oldie Magazine explaining how QE is robbing pensioners of their future income by devaluing annuities.


Yorkshire Post: How we can use our pension funds to build a better future
18 January 2012
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Ros wrote an Op-ed piece for the Yorkshire Post explaining the benefits of using pension fund assets to invest in infrastructure projects to help boost growth and improve pension funding.


Using our pension funds to build a better future
18 January 2012
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Ros wrote an article in the Yorkshire Post highlighting the advantages of using pension fund assets to invest in infrastructure projects - a potential 'win win' for funds and the economy.


Wishes for 2012 - let's start solving the care crisis
2 January 2012
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Citywire asks Ros for predictions for 2012 and big policy challenges we face.


Outlook and policy challenges for 2012
2 January 2012
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Ros wrote an article for the Yorkshire Post outlining the challenges for policy on pensions and care - as well as employment - for Britains older citizens during 2012.


Citywire Pension predictions 2012
January 2012
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Citywire asked Ros for her predictions on pensions policy and public sector pensions for 2012.


Why care needs care
16 December 2011
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Article published in the JC outlining that we most people need to think about preparing for care needs and what they might consider.


Winter warmth
20 October 2011
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Ros wrote an article for the Yorkshire Post explaining that Winter Fuel Payments have been cut and the risks this poses for older people as inflation and fuel bills are soaring.


Guardian Comment - QE terrible for pensions and savers
6 October 2011
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Ros wrote a 'Comment' piece for the Guardian website explaining why QE is unlikely to revive the economy and creating inflation is dangerous for pension funds, annuities and future pensioners - buying gilts will also distort financial markets creating danger of a crash.


Daily Mail - Printing Money is like launching a new Titanic
3 October 2011
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Ros wrote a Monday View Column for the Daily Mail, outlining why she believes that a new round of Quantitative Easing would be dangerous for the economy.


Verdict on Vickers' ICB report on banks - too little too late
October 2011
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Ros wrote an article for a CSFI publication discussing whether the recommendations of the Vickers ICB report on Banking Reform would ensure a safe banking system in future.


Guardian Comment - Don't ask relatives to fill the elderly care gap
26 September 2011
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Ros article published in the Guardian Comment section, in response to Royal College of Nursing suggestions that relatives to should care for patients in hospitals as nursing staff don't have time.


It's time to show some financial fairness to forgotten over 50s
20 September 2011
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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.


Daily Express - Celebrate the Bonus Years
4 August 2011
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Ros wrote a piece for the Daily Express explaining that, with so many more people living to 100, we should be able to celebrate 'bonus years'.


FT - Social Care Issues have been ignored for too long
9 July 2011
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Ros' article published in the Financial Times Money Section commenting on the need for reform of social care and discussing possible financial products that could follow Andrew Dilnot's framework for change.


Five Radical Ideas to Solve the Pensions Crisis
7 July 2011
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Moneywise Magazine article highlighting Ros' ideas for solving the pensions crisis.


Government has let down Women
6 July 2011
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Article in FT Financial Adviser Magazine outlining why the Government needs to reconsider its plans to increase state pension age and find a fairer alternative that will give people more notice - and could also save more than the 30billion currently targetted.


Daily Express - Use NHS Cash for Care Reform
5 July 2011
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Ros article published in the Daily Express explaining Dilnot's recommendations for long-term care reform and suggesting that they could be paid for by reassigning health service spending towards social care.


Care catastrophe will make pensions crisis look like a minor problem
5 July 2011
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Ros wrote an article for the Yorkshire Post which explains why reform of social care is so urgent.


Daily Mirror - Dilnot is just the start of long-term care reform
5 July 2011
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Article published in the Daily Mirror with Ros' comments on the urgent need for reform of our social care system and outlining the reforms proposed by Andrew Dilnot's commission.


Guardian Comment - Dilnot must not be ignored
4 July 2011
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Ros published her thoughts on Guardian Comment website explaining that although Dilnot's recommendations are not perfect, reform must begin urgently and not be kicked into the long grass.


Hope for a rethink on pension age changes
23 May 2011
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Ros wrote a blog for the Saga website explaining why thousands of women in their late fifties are hoping the Government will rethink its plans for sudden pension age rises.


We must rethink the retirement lottery
14 May 2011
read the article

Article published in Yorkshire Post calling for new thinking on pensions and outlining Ros' idea to consider introducing a monthly 1m lottery prize for people saving in a pension scheme - to attract younger savers.


Pensions need a new image
9 May 2011
read the article

Ros wrote a Chapter in the CII Retirement Savings Report calling for pensions to be renamed and for a lottery with pensions to encourage participation.


Barclays SmartWoman feature interview
May 2011
read the article

Ros gave a feature interview for Barclays SmartWoman website explaining her views on the important issues for women to consider in long-term saving.


CII - Encouraging Long Term Savings
May 2011
read the article

Ros' article appeared in the Chartered Insurance Institute publication in which she recommends possible solutions to close the savings gap.


Radical State Pension reform proposed at last
30 April 2011
read the article

Ros article published in the JC welcoming the Government's proposals for a 140 a week flat rate state pension but pointing out that this radical state pension reform is not intended for current pensioners only those of the future.


Saga publishes Guides to managing work after DRA ends
11 April 2011
read the article

After the Default Retirement Age is abolished, workers and employers have a whole new landscape and Ros commissioned the Age Employment Network to produce two independent Guides - one for Employers and one for Employees, published by Saga, giving information and examples of managing life without a default retirement age.


Employers can no longer sack you for being age 65!
6 April 2011
read the article

Ros chaired the inaugural Saga Thought Leadership Seminar on 'Rethinking Retirement' with Pensions Minister Steve Webb giving the keynote speech. This is a report of the Seminar and links to the Guides for Employers and Employees to help manage working life without a default retirement age.


Daily Express - Radical State Pension Reform at last
April 2011
read the article

Ros' article in the Daily Express welcoming the Green Paper proposals for radical state pension reform, potentially ending mass means-testing of pensioners, but highlighting that this will not apply to existing pensioners only to future generations.


Observer - Osborne ignores pensioners at his peril
27 March 2011
read the article

Article published in the Observer, explaining that pensioners seem to have been near the bottom of the Chancellor's priority list in the latest Budget, but that pensioners are a powerful voting force that should not be ignored.


Telegraph Expert View - Budget ignores savers and pensioners
26 March 2011
read the article

Expert View column published in the Daily Telegraph highlighting that the Chancellor's Budget contained nothing for savers and little for pensioners, with a cut in Winter Fuel allowance hidden away.


FT letter - Exposing final salary pension realities
18 March 2011
read the article

Letter published in Financial Times replying to Professor Oswald, where Ros explains that UK final salary schemes have become unfair and unaffordable and that they do not fit with modern capitalism.


Sunday Post - Reality Check for Pensions
12 March 2011
read the article

Article published in Sunday Post discussing the need for people to understand the costs and risks of pensions and public sector workers to appreciate the value of their pensions.


Observer - Osborne ignores pensioners at his peril
3 March 2011
read the article

Article published in the Daily Express criticizing the latest EEU ruling banning gender discrimination in insurance products and warning that this will make annuity prices worse for most people in the UK. It seems to be political correctness gone mad.


Financial Adviser - More pensioners stripped of their pensions
28 February 2011
read the article

Feature in Financial Adviser explaining how the G&H pension scheme members are being abandoned by the PPF and Government still has not sorted out the problem.


Express comment: Pensions: How Baby Boomers Were Betrayed
25 February 2011
read the article

Ros explains why we need radical state pension overhaul to provide a decent state pension at least £140 a week for all, to revitalise private pensions, end mass means testing and be fair to women at last.


Telegraph blog - Too late for women to make contingencies
8 February 2011
read the article

Ros blog on Telegraph website explaining the unfairness of Government proposals to raise women's state pension age and calling for a rethink.


Financial World - Inflation Pressures
February 2011
read the article

Letter published in Financial World ruing the dangers of inflation, how overly easy monetary policy and failure to unwind QE despite rising inflation is storing up huge risks in all asset and goods markets.


Telegraph blog - Time for Government to take plight of pensioners more seriously
20 January 2011
read the article

Ros' blog on Daily Telegraph website commenting on IFS figures showing pensioner households losing out as a result of policies to fight the economic crisis. If pensioners suffer, so do the rest of us.


Extending working lives - great news!
16 January 2011
read the article

Ros wrote a feature for FT Financial Adviser explaining why ending the default retirement age and extending working lives is great news. People want to work longer, but let's make it part-time.


Guardian blog - welcome the end of Default Retirement Age
13 January 2011
read the article

Ros wrote a blog for Guardian website welcoming the end of the Default Retirement Age and pointing out that if older workers can work longer, this will also create more jobs for the young as the growing numbers of older people will have more money to spend in their old age.


Sunday Post - Start Planning Now for Reaching your Century
2 January 2011
read the article

Ros's feature article published in Sunday Post welcoming news that millions of us will live to be over 100 years old, but saying this needs to be planned for carefully with longer working lives and more saving.


Financial Adviser - Will the Pensions Bill work well?
January 2011
read the article

Ros' feature article for FT Financial Adviser outlining why the measures in the Pensions Bill are not enough to really properly reform pensions in the way we need.


Yorkshire Post - Unlocking Pensions could lead to better savings culture
December 2010
read the article

Ros' article published in the Yorkshire Post welcoming consultation on early access to pensions and calling for pensions to be re-designed, so saving can be ISAs or pensions.


Pensions are a mess - how did we get here?
December 2010
read the article

Published in Financial World magazine, outlining the history of the pensions crisis and explaining some of the possible solutions.


Low interest benefit the banks, but what about pensioners?
22 November 2010
read the article

Ros writes a feature article for the Yorkshire Posting outlining the dangers of ultra low interest rates.


A flat rate pension for everyone - who would believe it?
26 October 2010
read the article

Article published in Daily Express explaining why a flat rate pension of at least £140 a week would be brilliant news for future pensioners.


Express: Governments pretended for too long we can afford it
8 October 2010
read the article

Article published in Daily Express explaining the Hutton Review's interim conclusions about public sector pensions.


Guardian blog on Hutton Review
7 October 2010
read the article

Ros wrote for the Guardian Comment about the possible reforms to public sector pensions.


Planning Retirement as longevity rises
5 October 2010
read the article

Article in Money Observer outlining what is needed for proper radical pension reform and the urgent requirement to rethink both pensions and retirement.


Daily Mail article - Savers must be encouraged not discouraged
4 October 2010
read the article

Ros wrote an article for the Daily Mail explaining the dangers of discouraging savings and the importance of long-term policy thinking rather than short-term fixes.


Telegraph 'Expert View' - The Challenge of Pension Reform
2 October 2010
read the article

Article published in Daily Telegraph 'Expert View' Column in the Money section, calling on the Coalition to rise to the challenge of proper pension reform.


Telegraph 'Expert View' - The Challenge of Pension Reform
2 October 2010
read the article

Article published in Daily Telegraph 'Expert View' Column in the Money section, calling on the Coalition to rise to the challenge of proper pension reform.


Yorkshire Post 'It's time to stand up for responsible savers'
29 September 2010
read the article (pdf, 2.15mb)

Op-ed published in the Yorkshire Post criticizing monetary measures that discourage saving, especially as more baby-boomers reach their 50s and 60s and will need money to live on in future.


Daily Express feature article 'Bank of England must show more respect for savers'
29 September 2010
read the article

Feature article published in the Daily Express arguing that the Bank of England's policy of punishing savers and encouraging them to spend their capital is dangerously short-sighted.


BBC Pension reform proposals draconian
20 August 2010
read the article

Ros wrote an article for the BBC Ariel magazine explaining the problems facing BBC staff as a result of management pension reform proposals.


Yorkshire Post - Pension Age Increases long overdue
18 August 2010
read the article

Article published in Yorkshire Post outlining Ros' views on the Government's proposals to increase the State pension age to 66 by 2016.


FT article - A level playing field for pensions?
14 August 2010
read the article

Ros' article published in Financial Times Money Section, and website, outlining her thoughts on pension reform to create a more level playing field between public and private sector pensions.


Times letter: Bankers to blame, not politicians
6 August 2010
read the article

Ros' letter published in The Times newspaper, recommending Government loans to small businesses, rather than letting bankers hold borrowers and savers to ransom.


Telegraph blog on economic policy and house prices
29 June 2010
read the article

Ros wrote a blog for the Daily Telegraph website, explaining her views on house prices and economic policy.


Part-time work is essential in later life
27 June 2010
read the article

Sunday Post article calling for more part-time work for older people instead of retiring completely all of a sudden. Raising the state pension age without reforming the labour market may not work.


FT letter calling for longevity gilts
26 June 2010
read the article

Letter published in Financial Times, jointly with Jon Moynihan and Willem Buiter, calling for increased gilt issuance to help pension schemes better match their liabilities.


Making the most of an ageing workforce
25 June 2010
read the article

Comment piece published in the Guardian, outlining the urgent need to get rid of ageism in the workplace and help employers and workers to appreciate the value of working part-time in later life.


Express - public sector pensions must change
16 June 2010
read the article

Article published in Daily Express commenting on Nick Clegg's speech that public sector pensions are unfair and unaffordable. Here is a link to the article http://www.express.co.uk/posts/view/181155.


FT letter - BP found guilty and sentenced without trial
15 June 2010
read the article

Letter published in Financial Times arguing that BP has been found guilty and sentenced without even a fair trial, and on that basis the banks should compensate the unemployed for their lost jobs resulting from the credit crisis recession.


Why it is right to cut spending now
14 June 2010
read the article

Comment piece published in the Guardian outlining why Ros believes it is right to cut public spending immediately, rather than waiting. Here is a link to the article on Guardian website http://tinyurl.com/23wpp5o.


Telegraph - Post-Election Pension Reform
1 May 2010
read the article

Article published in Daily Telegraph outlining Ros' views on pensions policy changes required after the UK General Election.


Stop tinkering and take action on pensions crisis
1 April 2010
read the article

Yorkshire Post article arguing for radical reform of the state pension system as a top priority for a new Government.


Resident's Pension - the way forward
March 2010
read the article

Ros wrote an article calling for a Resident's Pension as the way forward for state pension reform. This was published in a new pamphlet on State Pension reform, organized by Baroness Hollis.


Misguided QE
February 2010
read the article

Letter published in Financial World magazine, explaining the dangers of distorting the gilts market with misguided QE policy.


Yorkshire Post - A dangerous cuckoo in the NEST
14 January 2010
read the article

Yorkshire Post comment article explaining why Ros believes that the new name for Personal Accounts - the NEST - does not make the policy any more suitable for those it is aimed at and warning of the dangers. Click here to read the article on the Yorkshire Post's website.


The fundamental flaw in the Government's grand plan
11 January 2010
read the article

Citywire blog warning of the dangers that NEST/Personal Account projections have not properly consider annuity risks. Falling annuity rates can undermine the value of the NEST for many workers. Click here to read the article on the Citywire website.


Sunday Telegraph: How Britain's Pensions Disintegrated
27 December 2009
read the article

Ros wrote a comment article for the Sunday Telegraph reviewing the past decade of pensions policy.


FT letter - QE increases risks for all assets
8 December 2009
read the article

Letter published in the Financial Times explaining why the Bank of England's gilt purchases in QE are distorting the supposedly risk free gilt market which underpins all others, and this entails significantly increased risks of asset price crashes in future.


2010 predictions for pensions policy
December 2009
read the article

Ros was asked for a quick summary of views on the 2010 pensions outlook.


Saga Magazine - Pension reform desperately needed in 2010
December 2009
read the article

Ros contributed comment on state pension reform for Saga Magazine's 2010 outlook.


Citywire blog - ending the pensions aristocracy
30 October 2009
read the article

Ros comments on latest figures from the Office for National Statistics showing a growing divide between pension provision in the public and private sectors. She calls for an urgent independent inquiry to assess the situation. Here is a link to the blog too.


Daily Mail - The Pensions System Needs a Radical Overhaul
12 October 2009
read the article

Article published in Daily Mail 'Monday Column' explaining why our pension system is not fit for purpose and we need a radical overhaul of both state pensions and private pensions, as well as retirement.


The Observer - Pensions: We Need a Revolution
11 October 2009
read the article

Article published in the Observer Business Section calling for a radical overhaul of our state pension system, making it fair to women and ending mass means-testing. Click here to link to the article.


Sunday Post - What next for pensions
11 October 2009
read the article

Feature article in Scotland's Sunday Post, outlining the need for better and fairer state pensions.


The Times - Spend the 'bonus' years on work and play
7 October 2009
read the article

Feature article published in the Times explaining that, as people live longer, saving enough money to support themselves in full retirement is no longer a realistic option - part time work in later life will be needed but this is good for people and offers them 'bonus years'. Click here to read the article on the Times website.


Guardian Commentisfree - This Pension Plan is too Conservative
7 October 2009
read the article

Rcomment where Ros discusses the latest Conservative Party proposals to accelerate the increase in state pension age, pointing out that other changes to our pension system are required before any such moves can be contemplated. Click here to link to the Guardian web page.


Telegraph - Raising Pension Age
6 October 2009
read the article

Ros commented on the Telegraph website about Tory proposals to bring forward the increase in the state pension age.


Telegraph: Mandatory Retirement Age Must Be Put To Rest
1 October 2009
read the article

Ros wrote a comment article for the Telegraph website explaining why new thinking is needed on phasing in retirement. Part of the solution to our pensions crisis must entail encouraging part-time work in later life. Click here to read the piece on the Telegraph website.


Telegraph Comment: Mandatory retirement ages must go
30 September 2009
read the article

Comment piece for Daily Telegraph website explaining why it is essential that people consider working longer, part-time, since pensions alone cannot deliver enough for a decent retirement of many decades. Working longer is good news if we can work part-time. More leisure and more money. Click here to link to the web blog.


Beware of personal accounts - reconsider before it's too late
September 2009
read the article

Feature article for Financial Adviser outlining Ros' view that personal accounts are more likely to make pension provision worse, as employers cut back from existing contributions and means testing makes pensions unsuitable for the target group of low earners.


Pensions Week 'Rethinking Pensions' proposal
September 2009
read the article | view Accompanying PowerPoint presentation (pdf, 52kb)

Pensions Week called for a 500 word proposal for modernizing pension savings. Ros suggests moving away from pensions as a 'locked box' and adding flexibility with a new model for lifetime savings - a LifeSaver account.


Sunday Post - Scandal of our different rules for banks' pensions
30 August 2009
read the article

Feature article in Scotland's Sunday Post, discussing the injustice of taxpayers protecting bankers' pensions in full, while not paying anything at all to restore pensions of other workers.


Guardian blog - public sector pensions will change
26 August 2009
read the article

Guardian comment where Ros discusses the problems of public sector pensions and that change is inevitable.


Yorkshire Post: Radical Rethinking - the only way to solve pensions crisis
26 August 2009
read the article

Op-ed published in Yorkshire Post explaining why existing pension reform is inadequate and only radical rethinking will work.


Sorting out pensions and retirement
6 August 2009
read the article

Ros was asked to write a Guest Blog for the Age Employment Network website giving her views on radical pension reform and the benefits of longer working lives. Click here to read the article on the TAEN website.


Yorkshire Post - if only Turner had been more radical
July 2009
read the article

Editorial article written for Yorkshire Post, outlining the new views of Lord Turner and ruing the wasted opportunity of the Pensions Commission reforms, with Ros calling for more radical rethinking of both pensions and retirement.


Citiwire blog - MP pensions
25 June 2009
read the article

Ros was asked to post a blog on Citiwire explaining the possible dangers of MPs having far better pension arrangements than other workers.


FT letter: Deflation dangers disappeared, monetary easing must stop
3 June 2009
read the article

Letter published in Financial Times calling for an urgent end to quantitative easing now that deflation dangers have gone.


Daily Express – Public sector pension costs must be exposed
26 May 2009
read the article

Article published in the Daily Express explaining that transparency on the costs of MPs pensions and all other public sector pension schemes is even more important than the exposure of MPs expense claims.


Sunday Post – Without final salary pensions, can we afford to gamble our pension on the stock market?
24 May 2009
read the article

Comment article published in Scotland's Sunday Post newspaper, outlining the problems facing individuals in planning for their retirement as employers pull out of final salary pension provision.


Citiwire blog – A pension fund is not a pension
20 May 2009
read the article

Blog written for Citiwire website explaining that those saving in a pension fund need to know the difference between a pension fund and a pension!


Independent website: Have the markets ruined our presents and our futures?
20 May 2009
read the article

Piece written the Independent newspaper's website, explaining the problems of falling markets which have hit the future pension security of millions of citizens.


Tiscali - Top tips for pension planning
20 May 2009
read the article

Ros wrote a comment for the Tiscali website covering her eight Essential Pension Tips – trying to help people understand some of the important issues involved in planning for pensions.


Yorkshire Post op-ed – pensions crisis worse than credit crisis
12 May 2009
read the article

Op-ed published in Yorkshire Post explaining why the pensions crisis is likely to be worse than the credit crisis and lamenting the measures announced in the UK 2009 Budget which did not address the problems.


Planning for Retirement – You're on your own
May 2009
Read the research paper (pdf, 5.7mb)

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


Citiwire blog - Budget thoughts
April 2009
read the article

Ros explains what policies she would like to see for pensions in the 2009 Budget.


Sunday Post – pensions and the budget: another missed opportunity
26 April 2009
read the article

Article published in Scotland's Sunday Post newspaper, explaining how the recent budget measures were a missed opportunity to sort out our pensions crisis and will not deal with the problems. Could this be because policymakers do not have to worry about pensions themselves?


Sunday Telegraph Comment – Without urgent action on pensions, old age will be something to fear
24 April 2009
read the article

Comment piece published in Sunday Telegraph explaining the inadequacies of the 2009 Budget's pension measures and the risks that millions will face an impoverished old age


Citiwire blog: Budget pensions policy wishlist
17 April 2009
read the article

Blog on Citiwire website outlinining Ros's wish list for policies that the Chancellor could introduce to help pensions and pensioners in the forthcoming Budget.


Guardian comment: Employers cut pension contributions – dangers for retirement
11 April 2009
read the article

Guardian on-line Comment column in which Ros explains the dangers of a major pension company cutting its pension contributions in response to the credit crisis and cost cutting pressure. This will mean disappearing employer pensions and then disappearing retirement.


Telegraph: Inflation is the big worry, forget deflation myth
11 April 2009
read the article

Daily Telegraph 'Fundamentalist View' Column explaining Ros' view that deflation is a myth and we are heading for a big inflation problem which will hurt corporate bonds as well as fixed interest gilts, with investors needing inflation protection.


Yorkshire Post op-ed: Pensions – we all face a poorer future
9 April 2009
read the article

Op-ed published in Yorkshire Post explaining the dangers of employers cutting pension contributions and the Government's personal accounts encouraging further cutbacks in future. This is a pay cut today, will be a pension cut tomorrow and will mean delayed retirement or pensioner poverty in future.


Government is only making pension problems worse with QE
15 March 2009
read the article

Article published in Scotland's Sunday Post newspaper, outlining why it is wrong to print money to buy gilts. Quantitative Easing will not revive the economy unless the money printed actually goes to the parts of the economy which need it. Meanwhile, it is damaging pensions enormously.


'QE' – the wrong policy fighting the wrong enemy
8 March 2009
read the article

Article published in Scotland's Sunday Post newspaper, explaining the dangers of 'Quantitative Easing' – the fancy name for printing money.


FT Money Comment piece – Rate cut dangers – beware inflation
14 February 2009
read the article

Comment article commissioned by the Financial Times for FT Money, outlining the dangers of sharp rate cuts for pensioners, for the economy and for future inflation.


Evening Standard response - Who's to blame for the crisis?
13 February 2009
read the article

Letter published in London Evening Standard responding to an article by Chris Blackhurst apportioning blame for causing the current crisis. Ros explains that she believes the Bank of England's warnings were ignored while the FSA encouraged or turned a blind eye to irresponsible lending activity by banks.


Latest rate cuts will lead to inflation, won't solve the problems and are unfair
8 February 2009
read the article

Article featured in Scottish Sunday Post, where Ros explains why the latest cut in interest rates will cause more damage to savers and pensioners and will lead to inflation that will cause yet more damage to pensioner incomes.


Blog entry on Guardian Money – dangers of rate cuts
6 February 2009
read the article

Blog commissioned by Guardian Media for Guardian Money website explaining the dangers of continued rate cuts to such low levels and warning that this policy will worsen economic outcomes, not improve them.


Parliamentary Briefing on credit crisis and pensions policy reform
February 2009
read the article

Parliamentary Briefing funded by ESRC for All Party Parliamentary Group on pension reform. Ros explains what policymakers need to be aware of and makes proposals for reforms to assist long-term sustainability.


Interactive Investor - why bother with pensions?
29 January 2009
read the article

Article written for Interactive Investor website, explaining how the credit crisis has been a disaster for pensions and that Government policy is helping to undermine pensions even further.


Labour's Legacy - destruction of pensions
25 January 2009
read the article

published in Scottish Sunday Post explaining that the era of final salary pension schemes is now closing and that Government policy has hastened the demise of a once-thriving private pension system in the UK.


FT Comment piece - Better ways out of this crisis
15 January 2009
read the article

Comment article published in the Financial Times outlining some of the mistakes of the policy response so far and suggesting potentially more effective alternative policies to cope with the downturn.


Yorkshire Post - Crisis needs a more intelligent response
13 January 2009
read the article

An op-ed published in the Yorkshire Post - Ros explains why she believes it is wrong to cut interest rates further, the damage this can do and that a more intelligent, targeted approach is required to this crisis with Government taking charge and lending direct to companies.


Rate cuts could make the economy worse, not better
11 January 2009
read the article

Ros explains why cutting interest rates even further from here is not sensible and causes significant damage to pensioners living on their savings. She highlights the iniquity of pension credit assumption that poor pensioners earn 10% interest on their savings.


Falling markets, crumbling pensions
January 2009
read the article

Article published in House Magazine examining the credit crisis, stock market falls and policy response have impacted pensions and the implications for public spending.


Reassessing investment risk
16 December 2008
read the article

Letter published in Financial Times suggesting that the concept of investment risk has been misunderstood - expected returns may not be each investors' achieved returns, but investors have acted as if their returns on risky assets will somehow be guaranteed.


State pensions are in a mess - radical reform urgently required
13 December 2008
read the article

Article featured in Scottish Sunday Post explaining how UK state pensions are inadequate, current reforms will not deliver what we need and recommending a radical overhaul to finally treat our pensioners decently.


Pension development forecasts for 2009
December 2008
read the article

PProfessional Pensions asked Ros to give her forecasts for pensions in 2009.


Pension Predictions for 2009
December 2008
read the article

Pensions Management magazine asked Ros for her predictions for pensions in 2009.


We need an independent inquiry into public sector pensions
December 2008
read the article

Letter published in Financial World magazine highlighting the lack of transparency in public sector pensions and calling for an independent inquiry into the developing public sector pensions aristocracy.


Brown's pensions policy record
16 November 2008
read the article

Article published in Sunday Post in Scotland explaining how Government pensions policy has been a disaster.


Public sector pensions aristocracy
November 2008
read the article

Article published in the Yorkshire Post contrasting the effects of the credit crunch on private sector and public sector schemes and calling for transparency on accounting for public sector pensions.


Women's pension reform inadequacies
November 2008
read the article

Feature article published in Financial Adviser explaining why the latest round of pensions reforms designed to help women are more spin than substance and could be dangerous for some lower income women who fail to get advice.


Financial crisis and pensions
October 2008
read the article

Article published in Unite Magazine, explaining the dangers of emergency protection of bank deposits 100% while pensions are far less protected and the long term risks of making short term savings more secure than long term investments.


How the credit crisis affects pensions
October 2008
read the article

Article published by Pensions Management Institute in PMI News giving Ros' views on how the credit crisis is likely to affect pensions in the UK.


Final chapter for final salary
August 2008
read the article

Article published in the Yorkshire Post explaining why the latest falls in asset prices have led to worrying deficits in UK final salary pension schemes, which will hasten the demise of such schemes.


Parliamentary Ombudsman supports Equitable Life victims
24 July 2008
read the article

Article published in Financial Adviser commenting on prospects for Equitable Life victims following the Parliamentary Ombudsman's recommendation of compensation.


When 'hands-off' regulation means 'eyes shut'!
10 July 2008
read the article

Article published in the Daily Telegraph with Ros' commenting on the prospects of more fighting ahead for Equitable Life victims, despite the Parliamentary Ombudsman's recommendation of compensation.


CII Thinkpiece on personal accounts and annuities advice
May 2008
read the article

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.


'Bonus Years' - FT letter about longer working lives
16 April 2008
read the article

Letter published in the Financial Times explaining that policy needs to help people prepare for a period of part time work at older ages that can benefit them, the economy and society - the possibility of us all enjoying our 'bonus years'.


Parliamentary Monitor 'vox pop' on Alistair Darling's first budget
March 2008
read the article

Ros gives her views for Parliamentary Monitor on what might be expected in Alistair Darling's maiden budget speech.


FTfm 'Feedback' column, why BT trustees should not just switch from equities to long bonds
3 March 2008
read the article

Article published in FTfm explaining why suggestions that BT's pension fund accounting problems and long-term asset-liability mismatch will not be solved by switching from equities to bonds.  More radical and broader thinking is required.


Financial Adviser 'Time to Listen to Some Reason'
28 Feb 2008
read the article

Article commissioned by Financial Adviser magazine describing the Victory for the Pensions Action Group in the Court of Appeal and explaining why the Government's consideration of appealing further to the House of Lords is a waste of time and taxpayer's money.


Saga article about victory in Judicial Review Court of Appeal case
7 February 2008
read the article

Article written for Saga website describing the victory in the Court of Appeal and the Government's humiliating defeat which saw its appeal against the High Court Judicial Review verdict dismissed.


House Magazine article 'Hard luck and promises' about successful Parliamentary campaign
4 February 2008
read the article

Article published in the House Magazine (Parliamentary Weekly) explaining some of the anguish involved and lessons learned in battling on behalf of the impoverished members of failed company pension schemes.


Daily Mail 'Monday Column' – Mervyn King must be re-elected
19th November 2007
read the article

Ros wrote her personal view for Daily Mail expressing support for Mervyn King to be re-elected as Governor of Bank of England.


Letter published in FT on personal accounts reform
7th November 2007
read the article

Letter published in Financial Times explaining why the proposed Personal Accounts pension reforms are dangerous for lower earners and the interaction with means testing must be properly addressed now.


Money Marketing article about Northern Rock and FAS
November 2007
read the article

Article written for Money Marketing explaining how the Government's refusal to offer fair compensation to victims of pension scheme wind-ups is impossible to sustain after its decision to bail out Northern Rock savers 100% at a cost of billions of pounds of taxpayers' money.


Article for Public Service Review on Liability Driven investing (LDI)
October 2007
read the article

Article published in Public Service Review explaining that LDI is all about understanding and managing risk, not just about switching from equities to bonds.


Daily Mail article outlining injustices of Government policy
24th September 2007
read the article

Article published in Daily Mail on 24 September 2007 explaining why the lack of compensation for pension victims is indefensible after the hurried bail-out of Northern Rock depositors.


Money Marketing article on double standards of Northern Rock rescue
September 2007
read the article

Article published in Money Marketing magazine explaining the injustices of bailing out Northern Rock savers 100% while offering pension savers far less security.


Saga website – introduction to SIPPs
September 2007
read the article

Article for Saga website explaining the basics about Self Invested Personal Pensions (SIPPs).


Impact of recent market turbulence on pensions
August 2007
read the article

Ros' comments on how the recent turbulence in credit and equity markets is likely to affect pensions, both final salary and money purchase.


Saga website – update on Pensions Action Group campaign
August 2007
read the article

Article for Saga website updating members on the latest developments in the campaign for compensation for those who lost their pensions when their final salary scheme failed.


Saga website – Introduction to annuities
August 2007
read the article

Article written for Saga website, explaining the basics of annuities and factors to think about before buying.


Come on Gordon – sort out this mess
10th June 2007
read the article

Lead comment published in Sunday Telegraph as an open letter calling on Gordon Brown to end the suffering of the victims of scheme wind-ups by adopting the amendments recently passed in the House of Lords.


Reform of Public Sector pensions
June 2007
read the article

Article written for Public Servant magazine outlining some expected developments in the public sector pensions debate.


Ros Witness Statement for Second Judicial Review
May 2007
read the article (pdf, 48kb)

Ros' Witness Statement submitted to the High Court in support of the application for a Second Judicial Review.  The case for expedition and the suffering that is being left unaddressed is highlighted.


Briefing for Peers ahead of Lords vote on compensation amendments
May 2007
read the article

Briefing sent by Ros to members of the House of Lords to help them understand the proposed amendments to Clause 18 of the Pensions Bill calling for the FAS to be increased to PPF levels and paid immediately.


Saga website – different types of annuity you can buy
18th April 2007
read the article

Article for Saga website explaining the different types of annuities available.


House of Commons to vote on amendments to Pensions Bill
18th April 2007
read the article

Release expressing hopes that Government will be defeated in the Commons vote on providing fair and quick compensation for those who have lost their pensions, via cross-party amendments to the Pensions Bill.


The Cold, naked truth – Budget announcements more spin
29 March 2007
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Article published in Financial Adviser which explains that the recently announced extension to the Financial Assistance Scheme is not worth £8bn at all, but the real cost of the FAS is just £1.9bn, which will be further reduced once tax and benefits are accounted for.  The Chancellor had an opportunity to provide a fair solution but opted for more spin instead.


Money Marketing feature on ‘The Muddled Maths’ of the Chancellor on FAS
29 March 2007
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Article published in Money Marketing explaining why the extension to the FAS that the Chancellor announced in the Budget was not all it appears to be and will not deliver a fair solution at all.


PMI Opinion Piece on Judicial Review verdict against Government
March 2007
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Opinion Piece published in PMI Magazine explaining that the Government has been found guilty in the Judicial Review and asking PMI members to support the Parliamentary moves for compensation.


Global Pensions magazine article on Judicial Review verdict
March 2007
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Article published by Global Pensions Magazine explaining that the Government has been found guilty of behaving unlawfully and irrationally when rejecting the Parliamentary Ombudsman’s report and refusing to accept maladministration..


Professional Pensions article on Judicial Review verdict
February 2007
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Article published in Professional Pensions magazine explaining that the Government has been found guilty in the Judicial Review.


House Magazine article – ‘If I was in charge of pension reform…'
February 2007
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Article published in the House Magazine explaining what Ros would like to do if she were in charge of pension reform!


Letter explaining injustices of deemed buyback
January 2007
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Letter written to Professional Pensions magazine explaining why deemed buyback is not working and that members cannot get any advice to understand what they need to do.  If they have AVC’s these are confiscated if they choose deemed buyback.


Understanding and managing pension fund risk
December 2006
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Letter published in Global Pensions magazine explaining why pension fund trustees should not necessarily be switching to bonds and that searching for asymmetric returns and using alternative assets and derivatives can improve portfolio efficiency.


Financial Adviser feature on the proposed new personal pension accounts
December 2006
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Feature explaining why Ros thinks the proposed personal accounts should not be introduced and that they are likely to worsen pension provision in the UK – and also may lead to pensions being bought by those for whom they are not suitable.


FT letter on the injustice of unfunded public sector pensions being contracted out
November 2006
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Letter published in the Financial Times explaining that unfunded public sector pensions are contracted out of the national insurance system and that this is economically nonsensical, merely allowing public sector workers and employers to pay lower national insurance and passing the costs onto future taxpayers.


Financial Adviser feature discussing expected Government pension proposals
November 2006
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Feature article written for Financial Adviser assessing the expected pension reforms to be announced in the Queen’s speech in Parliament.


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 crisis – it’s real and getting worse
October 2006
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Foreword published in ‘The Pensions Report’ in October 2006, explaining the results of a the comprehensive survey of investor and provider attitudes to pension provision in the UK, highlighting that trust and confidence in pensions have been destroyed in recent years.


PMI Soapbox – please support compensation for wind-up victims
October 2006
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Article published in Pensions Management Institute (PMI) magazine, calling for the pensions industry to support the campaign for compensation for those affected by wind-up.


What’s wrong with the White Paper?
October 2006
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Article published in Parliamentary Monitor magazine explaining why the latest round of pension reforms will definitely not be the last.


Government’s pension White Paper not good enough
October 2006
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Article published in ‘Parliamentary Brief’ (Volume 10, No. 10), explaining the background to the UKs pension problems and why the latest White Paper reform proposals will not provide a sustainable solution.


Let’s rip it up and start again’ -  Critique of Government’s White Paper reforms
28 September 2006
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Article published in Financial Adviser explaining why the Government’s White Paper pension reforms do not go far enough, leaving the system still in need of a radical overhaul.


Examples of how loss of final salary pension on wind-up has devastated people’s lives
September 2006
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Article published in Sunday Telegraph explaining why the Chancellor’s pensions policies could destroy our once-thriving UK pension system.


New investment thinking for trustees
September 2006
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Article published in ‘Trustee newsletter’ Volume 2, Issue 3, explaining that pension fund trustees need to focus on risk as well as returns in their investment portfolios.


Demographic dangers for growth -  Sunday Telegraph
27 August 2006
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Article published in the Sunday Telegraph, explaining how the Chancellor, Gordon Brown, has squandered the benefits of favourable demographic trends and is leaving the next administration to cope with the economic dangers of ‘demographic drag’.


Money Marketing article on fight for compensation
August 2006
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Article published in Money Marketing magazine, on 2nd August 2006, highlighting the various pressures on Government to comply with the Parliamentary Ombudsman report and also the European Court ruling, calling for full compensation for those who have lost their pensions. 


Open Letter to John Hutton published in Daily Telegraph – How do you sleep at night?
1 July 2006
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Open letter to Secretary of State for Work and Pensions, John Hutton, pointing out the errors in his evidence to the Public Administration Select Committee and criticising the Government’s heartless and shameful treatment of the victims of pension scheme wind-ups.


Financial Adviser comment – scandalous attempts by Government to deny occupational pension policy errors
8 June 2006
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Article published in Financial Adviser giving criticising the Government’s attempts to squirm out of taking responsibility for occupational pensions policy errors, despite the Parliamentary Ombudsman’s report showing its guilt in this affair.


Concerns about USS pension fund
2 June 2006
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Letter published in Financial Times following John Plender’s article about the decision by Universities Superannuation Scheme to leave employer contributions unchanged, despite large deficit and suggesting that asset allocation can help overcome deficits.


Letter to Professional Pensions calling on Government compensate victims of scheme wind-ups
June 2006
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Letter published in Professional Pensions magazine, calling on the Government to compensate victims of scheme wind-ups urgently.


FT Trustee summer school – Trustee investment duties
June 2006
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Article published in  FTfm for their Trustee Summer School examining the demands for Trustee Knowledge and Understanding (TKU) of investment issues and using modern techniques to replace the traditional hopeful ‘punt’ on equities and bonds.


FT letter talking about difference between funding and solvency standard
12 April 2006
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Letter published by the FT on 12th April 2006, explaining that members were led to believe their pensions were risk-free and that they were funded for 'solvency', when they were really only subject to a 'minimal' funding standard which proved hopelessly inadequate, but they were never warned of the risks.


Daily Mail ‘Monday View’ column – Ministers’ great pensions betrayal
April 2006
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Article published by Daily Mail explaining how the Government’s rejection of the Parliamentary Ombudsman report has betrayed the nation and undermined pensions confidence still further.


Article in ‘Public Servant’ Journal ‘ New Thinking on Pensions’
April 2006
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Article published in ‘Public Servant’ Magazine, discussing the future for UK pensions, trends in occupational pension schemes and flexible retirement policies of the future.


House Magazine ‘Assurances that final salary pensions will be protected by legislation are threadbare – forked tongues on funds’
27 March 2006
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Article published in the Commons ‘House Magazine’ explaining how, despite Government assurances to the contrary, final salary pensions were not properly protected by legislation and how the Government’s rejection of the Parliamentary Ombudsman report is unsustainable.


Pension wind-ups scandal worse than Maxwell
23 March 2006
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Professional Pensions piece published on 23rd March 2006, outlining Ros’ views of the Parliamentary Ombudsman report and Government’s rejection of it.  Explains why this situation is worse than the Maxwell scandal.


Money Marketing article – restoring confidence in pensions
March 2006
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Article printed in Money Marketing asking how Government can hope to restore confidence in pensions, if it ignores the Parliamentary Ombudsman report and refuses to acknowledge its mistakes in handling final salary pensions.


Money Marketing article on the effects of pension tax reform ‘A-day’
February 2006
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Comment published in Money Marketing outlining Ros’ expectations of the tax reforms for pensions introduced on 6th April 2006.


FTfm article on swaps and liability matching
February 2006
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Article published in FTfm comment section explaining why pension funds may be able to better match their liabilities by using swaps and derivatives, rather than just switching to bonds.


FT letter discussing why switching to bonds is likely to prove unwise for pension funds with large deficits
18 January 2006
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Letter published by Financial Times explaining why switching to bonds will be unlikely to cure pension fund problems and could make them worse, whereas considering swaps may be a better alternative.


Reforming state pensions is affordable if existing spending is reallocated more wisely
16 January 2006
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Op-ed piece published in Financial Times advocating radical reform of state pensions.  Ros explains why muddled thinking on pensions is preventing an affordable reform programme which could put pension policy on a sustainable path for the 21st Century, but some of the existing spending needs to be reallocated.


Article to be published in Pensions World magazine outlining women’s pension reform
January 2006
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Article to be published in Pensions World magazine, explaining why women’s pensions need to be reformed urgently and how the system currently discriminates against women.


Letter published in the FT asking why employers should be compelled to contribute to their employees’ pensions
December 2005
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Letter published in the Financial Times suggesting that there is no intellectual case for compelling employers to contribute to pensions, that this is simply a form of taxation and that pension contributions should really be up to the individual.


Comments on proposals of Pensions Commission Second Report
December 2005
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Article prepared for Financial Adviser giving Ros’s reaction to the pension reform proposals contained in the Pensions Commission final report.


BBC website published Ros’s views on reform of occupational pensions
November 2005
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Article published on BBC website discussing the crisis in UK occupational pension provision, problems faced by employers and members and recommendations for radical reforms.


DC pensions issues being overlooked as trustees focus on sorting out DB
November 2005
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Article published in Financial Times FTfm November 2005 discussing concerns about a ‘governance gap’ in UK occupational pensions, as trustees and the industry seem to be focussing primarily on sorting out problems of defined benefit schemes, while not paying enough attention to the needs of new defined contribution arrangements.


Why has Government policy to encourage saving failed?
November 2005
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Article published in Money Management outlining the failure of pension policy reforms and discussing possible reasons why the Treasury seems to have failed to encourage more pension savings.


Daily Mail article ‘Women deserve pension equality’
October 2005
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Article published in Daily Mail Monday View column on 3rd October 2005, outlining why women in the UK are treated as second class citizens in pension terms and that urgent radical reform is required to deal with this.


Trying to Retire in a Man’s World
September 2005
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Article published in Financial Adviser explaining the unfairness of women’s pensions and why reform is long overdue.


Global Pensions article outlining injustices of women’s pensions
September 2005
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Article written for Global Pensions magazine, explaining why women lose out in our pension system and examining the reforms which are needed.


Contracting-out has failed
September 2005
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Article published in Financial Adviser on 8th Sepetmber 2005, following the FSA study of contracting out, demonstrating that this has provided poor value and explaining Ros’s view that contracting out should be abolished as part of radical pension reforms in the UK.


Global Pensions article giving Ros’s on the risk-based PPF levy
July 2005
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Article published in Global Pensions explaining that Ros considers having a PPF essential and the risk-based levy is a sensible proposal.


Pension funds using hedge fund investments
July 2005
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Article published in UBS Wealth Management magazine explaining some of the weaknesses of the lifecycle approach to investing and the need for diversification in investor portfolios.


FT letter final salary pensions confidence trick July 2005
July 2005
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Letter published in the Financial Times on 7th July 2005, outlining why UK Government pension policy is responsible for lulling members of final salary schemes into a false sense of security, which allowed employers to get away with making pension promises which they could not afford. This is the fault of Government failure to tell members the truth, rather than malicious employer actions.


Financial Adviser feature on future of UK occupational pensions
July 2005
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Feature published in Financial Adviser magazine, outlining Ros's views on the future for occupational pension provision in the UK, movement away from final salary schemes and role of financial advisers to help make defined contribution provision work better.


Feature article published in Daily Mail on pension reform
May 2005
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Feature article published in Daily Mail on 31st May 2005, explaining why Ros believes UK pension policy is in a muddle and her proposals for radical and sustainable reforms, to help overcome the crisis which we face in pension provision in this country.


FT comment piece on pension reform
May 2005
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Feature Comment piece published in the Financial Times on 16thMay 2005, explaining Ros's views on what has gone wrong with our pension system and her proposals for radical pension reform.


Article for Engaged Investor on FAS inadequacies
May 2005
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Article published in 'Engaged Investor' explaining why Government announcements on the Financial Assistance Scheme do not remedy the injustices suffered by wind-up victims.


Global Pensions article on PPF
May 2005
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Article published in Global Pensions, explaining the benefits of having the Pension Protection Fund.


Response to Government consultation on FAS regulations
May 2005
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Ros's response to the DWP consultation paper on regulations for the Financial Assistance Scheme - explaining why it is hopelessly inadequate.


FTfm opinion piece on need for including
alternative assets to diversify pension fund investments

April 2005
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Opinion piece published in Financial Times FTfm supplement, arguing that pension fund trustees need to consider diversified range of investments, not just equities and bonds and that switching from equities to bonds, if funds are in deficit, may be the least efficient way of reducing risk.


Professional Pensions column on urgent post-election pension reforms
April 2005
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Article published in Professional Pensions in April 2005, outlining Ros's views of urgent pension reforms required after the General Election.


Letter on gradual retirement
April 2005
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Letter written to Financial Times explaining why encouraging gradual retirement is a key element of pension reforms.


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.


Pensions Week article on unfairness of FAS announcements
March 2005
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Article published in Pensions Week explaining why the Government proposed Financial Assistance Scheme is wholly inadequate and expressing the hope that the Parliamentary Ombudsman investigation will prove Government maladministration means the need for compensation, rather than assistance for wind-up victims.


FT letter on economics of pensions and risk
March 2005
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Letter published in Financial Times in March 2005 commenting on article by Joseph Stiglitz on US pension policy. The letter suggests that transferring costs of pensions from state to private sector does not make the risks disappear.


Financial Adviser feature on Financial Assistance Scheme
March 2005
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Feature article published in Financial Adviser explaining why the Financial Assistance Scheme is inadequate and outlining hopes for the Parliamentary Ombudsman inquiry to rectify the injustices suffered by victims of pension scheme wind-ups.


Pension Reform in 2005/6
March 2005
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Article published in 'Pensions and Investments UK', discussing implications of planned pension reforms for occupational and personal pensions in 2005/2006. Impact on investment of pension fund assets, trustees of occupational schemes and the new tax regime for contributions.


Moving Pension Thinking into 21st Century
Spring 2005
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Article published in 'Money is Changing' Special Report on Financial Services Marketing, published by Dig for Fire. The article examines the need to re-think retirement, reform state pensions and encourage longer working lives, to move pension thinking into the 21st Century.


The Times letter urging compensation for wind-up victims
January 2005
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Letter published in The Times, praising Patience Wheatcroft's sympathy for the plight of victims of pension scheme wind-ups and the urgency of Government compensation.


LIMERICK about FSA 'guarantees'
January 2005
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Personal View column published in Financial Times, explaining why the stakeholder savings initiatives have not worked and are unlikely to do so. The target market is not benefiting and providers are not keen to offer these products.


FT personal view on failure of Stakeholder policy initiatives
January 2005
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Limerick published in Financial Adviser highlighting FAS double standards on refusing to acknowledge any wrongdoing in calling final salary pensions 'guarantee' with no risk warnings, when in truth these pensions were not guaranteed at all and tens of thousands of people have lost their entire pensions!


Balancing a Portfolio over a Lifetime
1st Quarter 2005
read the article (pdf 36kb)

Article published in UBS Wealth Management magazine explaining some of the weaknesses of the lifecycle approach to investing and the need for diversification in investor portfolios.


Article in The Times on Financial Assistance Scheme empty promises
December 2004
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Article published in the Times explaining why the Financial Assistance Scheme may sound good, but it is not able to deliver meaningful help to the majority of victims of pension wind-ups and calling for proper compensation to be paid.


Letter commenting on pension burdens faced by UK employers
November 2004
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Letter published in Employee Benefits Magazine explaining why employers have been asked to shoulder too much of the pensions burden and that the 'standard' two-thirds final salary pension has become unaffordable for most people.


FT letter on US pension reform proposals
November 2004
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Letter published in Financial Times pointing out parallels between Bush pension reform proposals and UK pension policies over the past 20 years which have contributed to our pensions crisis.


FT Personal View on problems of savings products for mass market
November 2004
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Personal View article published in Financial Times, explaining the problems of stakeholder product reforms, mass market investors being left out, providers concentrating on high net worth clients and lack of economies of scale in savings products. Ros suggests consideration of National Savings as the ideal 'Sandler' products.


Financial Adviser feature on failure of Government policy to encourage savings
October 2004
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Feature article published in Financial Adviser highlighting the failure of Government policy to stimulate more savings. The article explains that policy has only focussed on supply side issues (informed choice, stakeholder) but not demand (no new incentives, people don't want to save) . Ros outlines the need for new incentives for both employers and employees.


FTfm article on recent hedge fund performance
October 2004
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Article published in FTfm, discussing the recent performance of hedge funds and what this implies for the future.


Article for Daily Express on Pension Reform Proposals
October 2004
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Article published in Daily Express, outlining Ros’s proposals for pension reform.


Financial Adviser feature on structuring investment options for money purchase pensions
September 2004
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Feature article published in Financial Adviser, October 2004, outlining Ros's suggestions for structuring investment options for money purchase and stakeholder pensions, with sensible default options.


Telegraph article on how pension reform affects you
September 2004
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Article published in Daily Telegraph on October 9th 2004, discussing the effect of the 2004 Pension Reforms by the Inland Revenue. It argues that these reforms could change the entire nature of pensions in future, turning them into a short term exercise for those on higher rate tax.


DWP figures for wind-up victims
September 2004
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Press release discussing of figures released by the DWP, showing its estimates of numbers of people potentially eligible for the Financial Assistance Scheme.


Why are many SME’s not providing pensions?
September 2004
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Press release highlighting the implications of the findings of research by the Pensions Institute, explaining why smaller companies are no longer keen to provide pensions.


Is compulsion a sensible way forward?
September 2004
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Press Release explaining why Ros does not believe compulsion is the best policy option to adopt, in order to encourage pensions.


Press Release on Treasury Select Committee Report on Long-term Savings
September 2004
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Press release discussing the findings of the Treasury Select Committee report on long term savings in the UK.


Strategic asset allocation for pension funds
September 2004
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Article published in ‘FTfm in September 2004 outlining the differences in strategic asset allocation aims between defined benefit and defined contribution schemes and the issues trustees should be considering.


When the FSA says ‘guarantee’ it doesn’t mean a guarantee
August 2004
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Press release explaining that the FSA refuses to accept any responsibility for telling members of final salary schemes that their pensions were guaranteed, when in fact they weren’t. It criticises the double standards apparently being used by the Regulator.


Government failed to listen to Actuaries' warnings, must now compensate
August 2004
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Article published in ‘The Actuary’ magazine, entitled ‘The Truth about Pensions’ explaining how the Treasury failed to listen to the Actuaries’ warnings about pension scheme wind-ups in 2000 and why compensation from the Government is essential in order to restore confidence in pensions.


Rethinking Retirement
July 2004
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Article published in ‘The Tomorrow Bulletin’ discussing the Tomorrow Project report ‘Opportunity of a Lifetime’ and setting out Ros’s proposals for radically rethinking the concept of retirement and introducing a lifetime savings framework.


Hedge fund investing for institutions to become mainstream
July 2004
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Article published in the Alternative Institutional Investment Review, July 2004, explaining why Ros believes hedge fund investing will become mainstream and institutions will come to realise that including hedge fund investments can reduce portfolio risk and improve overall portfolio efficiency for long term investors.


Press release discussing problems for members of Turner and Newell pension scheme
July 2004
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Press release discussing the problems for T & N pension scheme members and the inadequacy of the Government’s £400 million Financial Assistance Scheme.


Tax relief is not fiscally neutral
July 2004
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Letter published in Financial Times, arguing that tax relief is not fiscally neutral and is a major example of targeting incentives on top income groups.


Financial Adviser article reviewing Treasury Select Committee report on long term savings
July 2004
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Article published in Financial Adviser in July 2004, discussing the findings of the Treasury Select Committee report on long term savings.


Trustee Responsibilities
June 2004
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Article published in Financial News in June 2004, examining responsibilities of trustees in both defined benefit and defined contribution schemes.


Letter explaining my role in the campaign for compensation
June 2004
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Letter published in Money Marketing magazine in June 2004, explaining why I believe that Government must compensate and my role in helping pro-bono, not as any kind or paid lobbyist.


FT ‘Personal View’ article questioning the inadequacy of Government policy to encourage savings
June 2004
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Article commissioned by Financial Times for ‘Personal View’ column, discussing Government policies to encourage savings and questioning why they seem to be targeted only at the top earners, rather than trying to encourage those who do not pay higher rate tax.


Pensions and Compensation article
Summer 2004
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Article published in Public Service Review: Finance, Summer 2004, arguing the case for compensation for those who have suffered the injustice of losing their company pension on scheme wind-up.


Published Papers

'New Thinking on Pensions', Public Servant, April 2006

'The Truth About Pensions', The Actuary Magazine, August 2004

'Support for Compensation', Pensions Management Institute, July 2004

'Rethinking Retirement', published in 'The Tomorrow Bulletin', July 2004

'Hedge fund investing to become mainstream', Alternative Institutional Investment Review' July 2004

'Compensation Essential for wind-up victims', Public Service Review: Finance, Summer 2004

'Including hedge funds in Institutional Portfolios', Public Service Review Journal, Autumn 2003

'Government Savings Policy' published in Consumer Policy Review, July 2003

'Encouraging Savings Through the Life-Cycle', Journal of Financial Services Marketing, Issue 7/4, 2003

'What has happened to our pensions?' published in Parliamentary Monitor, June 2003

'Beyond Tax Relief', Chapter 3 in W Paxton (ed) 'A Wealthy Society? Progressive and Coherence Asset-Based Welfare' IPPR London 2003 forthcoming

'Gradual Retirement' published in 'Pension Funds and Their Advisers, March 2003

'Modelling Changes to Pensions Tax Relief' published by Aberdeen Asset Management, February 2003

‘Let’s Get DC Right Before It’s Too Late’, Journal of Pensions Management, Volume 7, Number 1, September 2001.

‘An Analysis of Occupational Pensions in Britain’, Applied Economics Journal, 1982.

‘Incomes of the Early Retired’, Journal of Social Policy, April 1982.

‘State Pensions, Taxation and Retirement Income’ with A.B. Atkinson, published in ‘Retirement Policy – The Next Fifty Years’ (Ed. M. Fogarty) 1982.

‘Take-Up of Supplementary Benefit by Male Pensioners’,  SSRC Research Programme on Taxation, Incentives and Distribution of Income, Discussion Paper 25, 1981.

‘Occupational Pensions In Britain’,  NBER Summer Institute Paper No. 80-1, December 1980.

Ph.D. THESIS:  Funded by Social Science Research Council.
‘Incomes of Elderly Men in Britain, 1970-1977’.  L.S.E. 1981.  Adviser Professor A.B. Atkinson.  Thesis examines poverty among the elderly.  Includes policy recommendations to alleviate problems associated with low income in old age – particular reference to State pensions, means-tested benefits and taxation.

 Also published many articles and interviews in press, journals and industry magazines, including Pensions World, Wall Street Journal, Professional Investor, Global Finance, Institutional Investor.


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