Providers may be responsible for Npss guidance

Speaking at a pension briefing held in conjunction with Cass Business School, Adrian Boulding, pensions strategy director at Legal & General, says in the future providers, particularly in a branded model, will have to help customers decide whether personal accounts are suitable for them. He warns there is a danger automatic enrolment will sweep in too many people, when things like paying off debt or buying income protection for a young family would be a better use of their money. Fellow speaker Debbie Harrison, a senior visiting fellow of the Pensions Institute at Cass, says: “The gover...