Personnel Today wrote about Ros’ views on how employers can help their older female staff manage their health and work life through the menopause, with extra support and understanding
Ros explains why she is in favour of allowing people the option to cash in their annuities, although of course there are risks if the value is poor.
Ros calls for new incentives to be introduced by the government to encourage people to save for care needs – whether it is via Care ISAs, or using pensions tax free, or other initiatives she calls on Government to urgently address the lack of pre-funding for care.
Ros comments on Steve Webb’s suggestion that annuity customers may be allowed to cash in their annuities
Ros comments on recent reports that Tesco pension deficit has risen sharply, and explains that this is partly due to ultra-low bond yields that have resulted from QE. The Pensions Regulator needs to balance the long term interests of the pension scheme and the short-term interests of the business when deciding on deficit repair contribution demands
Ros gives further thoughts on the implications of the decision to allow pensions to pass on tax free to future generations and answers some of the most common questions she was asked.
Ros wrote a review of the impact QE and ultra low interest rates as the five year anniversary of these policies arrives. She highlights powerful winners and many losers with large risks looming on the long-term as rates have stayed too low for too long.
Ros comments on the IFS study which suggests people born in the 1960s and 2006s are worse off than previous generations at that age. She points out that the IFS says these cohorts did have higher earnings in their early adult years but chose to spend rather than save their money. This means they may need to work longer to make up for longer lives and lower saving.
Ros comments on the news that the Government wants to accelerate the rise in state pension ages for younger generations. She explains that this is inevitable as life expectancy rises and that this is not a penalty on the young but an opportunity to embrace a whole new phase of life that previous generations could not have enjoyed, with part time work following a full time career.
Ros comments on the Chancellor’s Autumn Statement 2013 as it relates to pensions and savings policy, welcoming news that people can buy extra years of state pension, but lamenting the lack of measures to encourage saving