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The Latest Breaking News from Ros Altmann

Revised Labour Pension Plan Blocked as Pension Power Grab Over Workers' Retirement Savings Deepens

Labour pension plan blocked again. The UK government's attempt to expand control over private pension funds faces another setback as the House of Lords blocks a key measure in the Pension Schemes Bill.

International Business Times UK

Labour Pension Plan Sparks Fury After MPs Back Power to Direct Retirement Savings

MPs approved plans allowing ministers to influence pension investments, raising concerns about political control and risks to long-term retirement savings.

International Business Times UK

Badenoch’s pensions triple lock remarks prompt alarm among Tory colleagues

Leader urged to clarify suggestion lock could be means-tested amid fears party will lose support among older voters

The Guardian - UK

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Winter fuel payments cut ‘one of the worst decisions I have ever seen’ says ex pensions minister

Crossbench peer will table ‘fatal’ Lords motion, as Starmer faces damaging rebellion in Commons vote

The Guardian - UK

UK pensioners left on ‘financial cliff edge’ by cuts to winter fuel payments

New analysis shows tens of thousands of older people may end up worse off than those who retain energy benefit

The Guardian - UK

Personal savings allowance should be increased, says former minister

It is time to start rebuilding the ‘once-strong savings culture’, Baroness Altmann said.

The Independent UK

Jeremy Hunt calls mortgage crisis summit as experts urge banks to help those struggling

Jeremy Hunt has summoned bosses from Britain’s leading banks to Downing Street to urge them to do more to support customers

The Independent UK

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New calls to keep State Pension age at 66 due to life expectancy in Scotland

The State Pension age is due to rise from 66 to 67 between 2026 and 2028.

Daily Record

UK pensions: how to make sure you get the best income in retirement

Experts offer tips on how to make the best of your contributions – and whether you could even afford to retire early

The Guardian - UK

New planned review of State Pension age could see retirement rise to 68 as early as 2036

The planned rise from 66 to 67 will go ahead between 2026 and 2028.

Daily Record

Government right to take wait-and-see approach over state pension age – experts

The decision not to accelerate the current timetable is a very positive step for future pensioners, some experts said.

The Independent UK

When it comes to pensions, Britain’s women are still a long way from equality. Why?

State provision is still lagging behind that for men, while women also lose out significantly in private pensions, says former pensions minister Ros Altmann

The Guardian - UK

Pensions: why do those retiring face ‘massive’ losses despite FTSE highs?

Retired planner was shocked to see that his Aviva pension had dropped 20% in value last year

The Guardian - UK

Liz Truss says state pension WILL rise in April in chaotic U-turn after Tory fury

The Prime Minister confirmed the state pension triple lock WILL remain in place - just 24 hours after ditching her commitment to it - in a surprise announcement at the first PMQs since her Budget U-turn

Daily Mirror

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The Independent UK

Bank of England pushes back start of gilt sale to November 1

It came after the central bank earlier denied a postponement of plans to start selling government bonds.

The Independent UK

Bank of England should extend emergency action, says pensions industry body

Some pension funds want bond-buying scheme to continue beyond October

The Independent UK

Bank of England may need to extend emergency action, says pensions association

The Bank has been stepping in after turmoil following the mini-Budget left some pension funds close to collapse

The Independent UK

Energy crisis is ‘Dunkirk moment’ that shows privatisation has failed, peers say

The escalating energy crisis requires radical action, ex-Labour MP Frank Field and former pensions minister Ros Altman have warned.

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Daily Record

New rule for pension providers will see people over 55 urged to get advice before withdrawing any savings

Many people are left with very little because they did not seek professional advice.

The Guardian - UK

P&O Ferries could face prosecution over sackings, minister says

Business minister Paul Scully says firm could face ‘unlimited fine’ if it has flouted laws

People

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