Ministers to meet industry ahead of pensions summit

James Purnell, minister for Pensions Reform, has revealed during a speech at the EEF, the manufacturer’s organisation, the government plans to hold a summit on the design and introduction of the new personal accounts system before the end of July. The speech follows comments made yesterday by Purnell in which he stated the government was keen to keep arramgments for a national pensions savings scheme "at arms length". Purnell says the government will be engaging with employers, industry, consumers and trade unions to shape the policy of the new scheme at the summit, but DWP ministers wi...