One in five unsure about personal accounts

The provider says the figure suggests the Government must step up its personal accounts education to ensure people make informed decisions when the scheme comes into force in 2012. Adrian Boulding, wealth policy director at Legal & General, says: “There clearly is an appetite for the scheme but also a need for an ongoing education programme – a lot of people answered ‘don’t know’ to questions. The Government still has a job to do in informing people as to how personal accounts work and how they will benefit individuals. “Companies are gearing up for 2012, the benefits of the scheme nee...