Empty NESTs and cracked eggs
Press Release commenting on the Government’s new name for personal accounts – NESTs – but explaining that many people’s NESTs will be empty and their nest-eggs cracked.
Personal accounts will be disastrous for pensions
Ros outlines her views on the dangers of personal accounts and how the outlook for pensions will probably be worse, not better, as a result.
Personal accounts should be abandoned, not delayed
Press Release commenting on recently announced delay to implementation of personal accounts, calling for a radical rethink because personal accounts are more likely to make pension provision worse, rather than better.
Beware of personal accounts – reconsider before it's too late
Feature article for Financial Adviser outlining Ros’ view that personal accounts are more likely to make pension provision worse, as employers cut back from existing contributions and means testing makes pensions unsuitable for the target group of low earners.
Yorkshire Post op-ed: Pensions – we all face a poorer future
Op-ed published in Yorkshire Post explaining the dangers of employers cutting pension contributions and the Government’s personal accounts encouraging further cutbacks in future. This is a pay cut today, will be a pension cut tomorrow and will mean delayed retirement or pensioner poverty in future.
Whitewash report on personal accounts and means testing
Press Release critiquing the Governments report which claims to show that saving in personal accounts will make almost everyone better off. Ros suggests the conclusions are misleading, ignore the employer contribution, are highly dependent on over-optimistic assumptions and that the report does not stand up to proper scrutiny.
CII Thinkpiece on personal accounts and annuities advice
Article published by Chartered Insurance Institute (CII) giving Ros’ views on why generic advice for personal accounts will not work, but it could be very helpful for annuities.
Dangers of Personal Accounts
Ros outlines why she believes introduction of personal accounts is likely to worsen pension provision in the UK and could prove very dangerous.
Letter published in FT on personal accounts reform
Letter published in Financial Times explaining why the proposed Personal Accounts pension reforms are dangerous for lower earners and the interaction with means testing must be properly addressed now.
Financial Adviser feature on the proposed new personal pension accounts
Feature explaining why Ros thinks the proposed personal accounts should not be introduced and that they are likely to worsen pension provision in the UK – and also may lead to pensions being bought by those for whom they are not suitable.