Personal accounts opt out fears raised at industry debate

Some 12% of the 35 financial services experts polled at the event though less than one in 10 employees would opt out of the national pension savings scheme, while 36% thought it would be less than one in five. While 28% thought more that two out of five employees would opt out, and 12% thought more than half would. Attendees voted on the proposition that "personal accounts will be detrimental to the overall levels of saving for retirement by the UK population". Proposing the motion were Prudential corporate solutions managing director Steven Haasz and Friends Provident UK corporate bu...