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 sche...
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