The Government may not meet its April 2012 deadline for personal accounts, says CEO of the Personal Accounts Delivery Authority (PADA) Tim Jones.
Personal accounts should not allow pension savers to fill gaps in their pensions by moving unlimited lump sums into the scheme, the Association of British Insurers (ABI) says.
Scottish Widows says the Government must ensure it makes exemption rules for existing pension schemes clear and simple to operate.
Standard Life has slammed today's Pensions Bill which says the Personal Accounts Delivery Authority (PADA) would help and advise the Secretary of State for causing "conflicts of interest".
Tomorrow's pensions bill could highlight potential stumbling blocks for the Personal Accounts Delivery Authority (PADA), says Aegon.
The Government must cut the regulatory burden on pensions as well as introducing personal accounts if pensions reform is to be successful, according to the National Association of Pension Funds (NAPF).
Aegon has called on the Personal Accounts Delivery Authority (PADA) to make it clear to potential personal account customers that charges may have to rise in future.
The Pensions Regulator will monitor personal accounts, says Pensions Minister Mike O'Brien.
Standard Life has hit out at the involvement of the Personal Accounts Delivery Authority (PADA) in deciding which pension schemes will be exempt from the 2012 personal accounts launch.
The Minister for Pensions Reform, Mike O'Brien, has written to the House of Commons delaying the change in the regulation of pension transfer values to October 1 2008.