Npss needs to learn from stakeholder mistakes

In the Queen’s Speech yesterday it was announced a Pensions Bill will be published shortly, which is likely to include a delivery authority to help setting up the proposed personal accounts system, but Skandia says if personal accounts are to work the industry should learn from the mistakes of stakeholder. The insurer, which carried out a survey of 484 advisers, says with 86% of advisers either not willing to recommend stakeholder pensions, or planning to reduce the number of stakeholder recommendations they make, the industry has to learn from this experience to make sure personal accoun...