personal accounts

The Pensions Regulator will monitor personal accounts, says Pensions Minister Mike O'Brien.

A ‘pensions income disregard' could help reduce the problem caused by trying to fit means-tested benefits into the new personal accounts system, according to the Pensions Policy Institute (PPI).

The Personal Accounts Delivery Authority (PADA) should set up an independent investment committee, says the Investment Management Association (IMA).

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.

A total of 45% of employers with defined contribution (DC) pension schemes could change their arrangements, according to a survey by Watson Wyatt.

The Association of British Insurers (ABI) says it will be scrutinising all Government legislation on personal accounts to ensure it doesn't provide any start-up subsidies.

The Personal Accounts Delivery Authority (PADA) will work with a Consumer Representative Committee to advise the authority's main board on issues relating to consumers.

The UK can learn from New Zealand's pension system ahead of the personal accounts launch, says pensions administrator Xafinity Paymaster.

The Personal Accounts Delivery Authority (PADA) will ensure it does not present personal accounts as an opportunity for employers to reduce employee benefits, chairman Paul Myners says.

Pensions Minister Mike O'Brien has reiterated personal accounts will complement rather than replace existing pension provision.