Press Release highlighting that Saga has calculated inflation for the over 50s and, since the start of the credit crisis, inflation for older people is nearly 20%, so nearly a fifth of their purchasing power has been wiped out in just 4 years.
Ros calls for a higher ISA allowance in order to offset the impact of ultra-low interest rates on savers. Allowing interest tax-free would be the equivalent of an interest rate increase of 1% – 3% for taxpayers.
Ros Altmann won the Women in Public Life award for Public Affairs Achiever of the Year 2011. This was awarded to the most influential woman
in public affairs who has made a significant contribution to the success of their organisation, showed dedication and commitment, and influenced
the development of the UK or European public affairs industry.
Ros calls for Government to implement Option 2 of its consultation proposals to reform state pensions – a flat-rate simple state pension paying ?140 a week to all those with a full contribution record.
Ros explains that inflation is hitting older people very hard and those on fixed incomes are in a dreadful situation.
Ros comments on the need for the Bank of England to take the inflation threat to our economy more seriously and examine the risks to growth.
Press Release explaining that policy of ultra-low interest rates in the face of high inflation is damaging UK Consumer confidence and therefore negatively impacts economic growth.
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.
Press Release explaining the highlights of the latest Budget measures, with little comfort for savers and pensioners as they seem to be very low down the Chancellor’s priority list.
Press Release discussing the Chancellor’s Budget proposals to end contracting out and simplify the pension system.