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.
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.
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.
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.
Press Release critiquing Government’s emergency policy measures, explaining dangers and highlighting unfairness for pensioners of pension credit assuming they still earn 10% interest on their savings.
Article published in House Magazine examining the credit crisis, stock market falls and policy response have impacted pensions and the implications for public spending.
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.
Ros explains why cutting interest rates even further from here is not sensible and causes significant damage to pensioners living on their savings. She recommends bringing back the 10p tax band to improve incomes for all taxpayers and improving the state pension to help all pensioners over age 75.
Government reforms in the pre-budget report will not solve our problems and Ros suggests an alternative approach.
Presentation given to Goldman Sachs Pension Academy explaining how pension fund trustees could consider coping with the credit crisis and updating investment thinking for the future.