Toys’R’Us pension woes highlight risks in employer pension promises. Most private companies cannot shoulder open-ended multi-decade liabilities. In coming years, more employers will look to offload their pension schemes – or be bankrupted by them. Toys’R’Us is the latest casualty in the UK defined benefit pension crisis, highlighting yet again that private sector employer pension promises cannot always be relied upon. The Government recently concluded that most employers can afford their pension deficits, but I believe this is too complacent.
Ros is quoted in an article in The Irish Times –stressing the importance of knowing the difference between financial ‘guidance’ and ‘advice’
Ros wrote her Money Marketing column on the need to make free guidance the automatic first step before people take money out of their pensions
My blog about PPF and Toys’R’Us deal getting £9.8m into the pension fund and sending signal to other employers that PPF is not a soft touch
Ros’ blog discussing how Toys’R’Us problems indicate there is no room for complacency in DB schemes
Ros wrote an Observer comment piece with Patience Wheatcroft about Brexit insults and threats being symptomatic of the forces unleashed by Brexit and the need for Brexit to be controlled by Parliament, not the Executive
Ros spoke at a GlobalNet21 forum about the current care crisis and need for reform.
Ros spoke at a Faculty and Institute of Actuaries presentation on the subject ‘Incentivising care funding – a social imperative’ explaining the need to reform Social Care and ensure more private funding is encouraged.
Ros’ blog congratulating the WPSC’s call for cold calling ban and better consumer protection
Work and Pensions Select Committee Report calls for cold calling ban – and quotes Ros saying all scams she’s seen start with cold call