Big three rally support ahead of NPSS event

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The bickering began early yesterday with the three organisations with the main alternatives to the National Pension Savings Scheme (NPSS) each jostling for position.

Ahead of their presentations to the Department for Work and Pensions event - “Alternative approaches to the National Pension Savings Scheme” - today the Association of British Insurers (ABI), the National Association of Pension Funds (NAPF) and the Investment Management Association (IMA) spent the last 24 hours busily promoting their alternatives to the NPSS and claiming public support for their proposals - while also picking holes in rival schemes wherever possible. The NAPF claimed consumer confidence was key to the take-up of any new scheme, with almost two-thirds of consumers saying t...

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