Voters back personal accounts says government

clock •

The concept of personal pension accounts has been broadly welcomed by the public, according to the government.

It says the main findings from focus group interviews conducted around the country show approval for the concept of automatic enrolment into the accounts as a good way of solving the savings gap. Moreover, the government says the majority of focus group participants saw an employer contribution as an important incentive to save in a personal account. The research, conducted by the Ipsos MORI Social Research Institute, adds the idea of a default fund was well-received, as was the proposal for a national pension savings scheme, with centralised administration, collection and investment o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Active ETFs, ESG and the retirement advice challenge

Sarasin & Partners portfolio manager Ben Gilbert joins PA in the studio

Isabel Baxter
clock 05 June 2026 • 1 min read
Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read
Smoothed funds set to be a 'bigger asset class for the advice market'

Smoothed funds set to be a 'bigger asset class for the advice market'

‘An attractive low-risk solution for retirees’

Isabel Baxter
clock 25 November 2024 • 3 min read