Govt appoints Personal Accounts authority chief

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The Government has appointed Tim Jones as chief executive of the Personal Accounts Delivery Authority.

Jones joins from a co-director role at the Centre for the Study of Financial Innovation. He also previously worked as chief executive of retail banking at NatWest. He will hold the chief executive role at the authority for an initial three-year period. The move follows the appointment of the authority’s chair, Paul Myners, on 1 August. Pensions Minister Mike O’Brien says: “Setting up a trust-based occupational pension scheme, with billions of pounds of funds under management, is not a job for Government. "That is why we are recruiting leaders with a proven track record in the private...

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