Govt must consider advice on personal accounts - AIFA

AIFA praised both the Government’s response to last December’s consultation on personal accounts and the report published by the Work and Pensions Select Committee. But the association says it only provided a “direction” and suggests the Government still has work to do. The Government last Thursday outlined the workings of personal accounts both up until their introduction in 2012 and beyond. Chris Cummings, director general of AIFA, says: “We generally support the direction that the Government is heading with personal accounts, but we feel that there is still a lot of work that needs to...