PADA launches myth busting campaign

The initiative, led by PADA's market engagement team, will consist of an ongoing meetings programme with key audiences including pension advisers, trade bodies and employers to explain the likely features of the scheme, clarify misunderstandings about its role and explore how personal accounts might be used. PADA says some of the key misunderstandings surrounding the personal accounts scheme include that the scheme is a government pension scheme when it will be an independent scheme run by a not-for-profit trustee corporation. It also wants to reassure the industry personal accounts w...