Fixing a tax flaw depriving poorly paid workers of pension cash is not ‘cost effective’, admits City minister
ThisIsMoney article highlighting the injustice of Net Pay system. ( link to pdf )
Happy new tax year!
Irish News repeats Ros’s warnings that Lifetime ISAs should only be sold with advice – ‘advice is nice’! ( link to pdf )
Make firms pay more in tax if they hand their bosses’ huge pension gains, demands former minister
Reduce tax or NI relief if bosses pay themselves much bigger pensions than other staff – This is Money article. ( link to pdf )
Ros Altmann: Govt bodies must promote value of advice
Government financial guidance body needs to help people understand the value of financial advice – Ros column in Money Marketing. ( link to pdf )
Sants stakes reputation on guidance body success
Citywire – New Single Financial Guidance body should get rid of the word ‘advice’ from its functions. ( link to pdf )
Experts share insight into how to help staff with financial wellbeing
Health Service Journal reports on our Webinar to help NHS staff improve financial wellbeing.
NS&I ploughs on with its ‘shocking’ rate cut for 387,000 Cash Isa savers
Ros quote in Daily Mail regretting rate cuts for National Savings Cash ISA savers. As the Bank of England increases base rates, it is sad to see NS&I penalising its customers. ( link to pdf )
State Isa payouts will be slashed just weeks after Bank of England hiked interest rates as government is accused of abandoning savers
NS&I cuts its interest rates for savers, just as Bank of England raises base rate – shame for savers – Ros quoted in Daily Mail ( link to external pdf )
Consumers have case for court showdown with Ombudsman
Consumers need to rebuild confidence in the Financial Ombudsman Service. Ros suggests is may make sense to re-open random sample of cases. ( link to pdf )
Would house price crash be a blow for equity release
Scare stories about equity release may be rather overdone – Ros is quoted by the Daily Express on her views about equity release loans and house price crash ( link to pdf )