Monetary and Fiscal Policy Archives - Ros Altmann
  • ROS ALTMANN

    Ros is a leading authority on later life issues, including pensions,
    social care and retirement policy. Numerous major awards have recognised
    her work to demystify finance and make pensions work better for people.
    She was the UK Pensions Minister from 2015 – 16 and is a member
    of the House of Lords where she sits as Baroness Altmann of Tottenham.

  • Ros Altmann

    Ros Altmann

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    Category: Monetary and Fiscal Policy

    What Horrified Fund Managers, Banks & UK’s Pension Minister Said About the Bank of England’s Sudden “We Don’t Rule Out” Negative Interest Rates

    What Horrified Fund Managers, Banks & UK’s Pension Minister Said About the Bank of England’s Sudden “We Don’t Rule Out” Negative Interest Rates

    Wolf Street reports views from Ros and many fund managers about the problem of negative interest rates for pensions. ( link to pdf )

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    Halt overdraft charges now! Thousands of families facing job losses and ruined savings but banks are STILL hiking fees as high as 50%

    Halt overdraft charges now! Thousands of families facing job losses and ruined savings but banks are STILL hiking fees as high as 50%

    This is Money highlights the good news that some banks, including Barclays, have agreed to waive the increase in overdraft charges by allowing interest free overdrafts to end April, which Ros has warmly welcomed.

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    Banks under fire over rip-off overdraft fees: FCA probe ‘could see rates capped’

    Banks under fire over rip-off overdraft fees: FCA probe ‘could see rates capped’

    ThisisMoney website and Daily Mail newspaper report that the FCA is investigating the enormous increase in interest costs for bank customers using arranged overdrafts. Ros has called for this to be reviewed urgently as rates are egregiously high. ( link to pdf )

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