Taking it personally

Are personal accounts an opportunity or a threat? It depends on whether you perceive the mythical glass as half full or half empty. The worst case scenario is that employees opt out of personal accounts in droves and employers abandon their existing schemes en masse. Unless you are fortunate enough to be a public sector employee, pension provision over and above state levels would all but disappear, leaving people to survive on about £160 a week plus, of course, the rental income from all those empty buy-to-let properties upon which they based their retirement hopes. That's a very bleak...