Tag Archives: Ros Altmann

“Annuities, the least productive way to deliver pensions” – Ros Altmann

Yesterday’s blog which included Mark Ormston’s numbers on the cost of securing the retirement living standards with annuities, got better read than I expected. And it attracted some interesting comments. The blog set out to show just how much it … Continue reading

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Employers not providers key to worker participation in pensions

Altmann hits out at providers for pension positivity failure https://t.co/5PsvkK6XnS via @profpensions — Ros Altmann (@rosaltmann) December 30, 2022 Ros Altmann is hitting out at workplace pension providers for not selling the benefits of pension saving hard enough. This is … Continue reading

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Treasury deprives the low paid of nine years of savings incentives – with a press release

  After 7 years of campaigning that started when Kate Upcraft identified the problem for the Friends of Auto Enrolment, the Treasury has pulled the rabbit out of the hat , righted the wrongs and tried to cover itself in … Continue reading

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Financial education? It needs more conviction than most of us can muster!

People in the pensions industry are fond of using the phrase “financial education” as if they know the answer and those who aren’t doing what they want to do are financially illiterate.  This is hugely arrogant and largely wrong. People … Continue reading

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Ros Altmann v the Plowman over 13 rounds

Ros Altmann and I are at loggerheads, I side with Paul Lewis in seeing the current version of Pension Wise as a basket case that should either be revamped along the lines of the FCA’s proposed guided sales model…. or … Continue reading

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The Lords will go no further on the triple lock

House of Lords has decided to go no further on the triple lock and the legislation has now passed. Pension rise in April 2022 will be 3.1%. — Steve Webb (@stevewebb1) November 16, 2021 We should be grateful to Sir … Continue reading

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The 10 questions I’d like to ask the experts on CDC this afternoon.

  I’m pleased to see that Stephen Timms and the Work and Pensions Select Committee will be meeting this afternoon (Oct 25th) to take evidence from four notable experts on pensions. The subject discussed will be “CDC pensions” CDC pension … Continue reading

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‘Normal service will be resumed by the end of October 2021″ -DWP

I hope Guy Opperman’s promise that those due their state pension , some for 6 months or more, will get their payments with more than an apology. The short term blip in service is being blamed by the Minister on … Continue reading

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Unfair taxes for people working to stay off the breadline.

The consequences of the Government’s tax raid to sort out the NHS and pay for social pay are becoming clear. Here is the FT’s summary; There were some winners from the policy. People receiving only pension income will not be … Continue reading

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The pension dashboard’s never-ending lockdowns! (a Pension PlayPen coffee morning)

I’m enjoying these Pension PlayPen coffee mornings organised by Steve Goddare. Last week’s chat featured Steve Webb and Margaret Snowden and this week’s had me and Ros Altmann. They’ve got a “let’s make it up as we go along” feel … Continue reading

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