Ros is quoted by the Financial Times welcoming the changes made by the House of Lords to the Pension Schemes Bill which should help to avert a doom loop that would have risked all remaining open DB schemes being closed.
Ros is quoted in Professional Pensions talking about the need for DB schemes to control operational costs and ensure returns are sufficient to keep up with rising inflation and liabilities.
Ros wrote a feature article for Professional Pensions ‘Is the Government trying to end DB schemes?’ – talking about the need for more imaginative and productive investment policies especially for Defined Benefit, not just Defined Contribution schemes.
The Daily Telegraph highlights that Lady Tina Green is paying in the further £50million agreed with the Pensions Regulator and trustees for funding the Arcadia Pension Scheme next year.
Ros is quoted in Professional Adviser calling for MPs to ensure the vital amendments on open pension schemes are accepted because member security is at risk of Regulators force schemes to fund for buyout.
Ros recorded a podcast for PensionsExpert magazine talking about funding problems for DB schemes if the proposed new ‘low risk’ funding code is adopted – plus other topical issues.
Ros is quoted by IPE pensions magazine, explaining the importance of having a separate funding regime for open defined benefit pension schemes, rather than forcing closed and open schemes to all chase top quality bonds (which don’t actually match their liabilities anyway and entail much higher costs for employers and members). ( link to pdf )
Professional Pensions magazine highlights the recent statements by financial Regulators that people should not make rash pensions decisions during the Corona virus crisis and Ros’ call for transfers to be put on hold is mentioned. (Subscription needed to view.)