The Government is considering starting the Personal Accounts trustee corporation early in a bid to prepare for the 2012 reforms.
The trustee corporation will be set up as an independent body to run the Personal Accounts scheme in the best interests of its members.
It will be overseen by a chairman, deputy chairman and up to 13 ordinary members.
The department for work and pensions (DWP) says it is now looking for applications for the position of chairman of the Personal Accounts trustee corporation.
It adds it is considering an early start date for the trustee corporation to allow sufficient time for the trustees to familiarise themselves with their roles.
Trustees will also need to prepare for the scheme to be launched in 2011 with a limited number of volunteer employers, so its functionality can be tested before auto-enrolment begins in 2012.
The recruitment exercise is being conducted by Hays Executive and Trust Associates and the deadline for receipt of applications for the role of chair is 30 October.
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created