Question: What impact will the growth in SIPPs and introduction of personal accounts have on the personal pension market?

- Nick Bladen is head of pensions & bonds marketing at Skandia In research carried out for Skandia by Marketing Sciences*, 54% said that the government should make saving into a pension compulsory. Only 8% said they would reduce contributions to other savings once auto enrolled and this suggests that the arrival of personal accounts would not negatively affect other savings vehicles. For personal accounts to remain in the best interests of consumers they have to be transferable. Ongoing membership of personal accounts and the flexibility of retirement solutions will naturally evolve with ...