personal accounts

Standard Life predicts setting up its personal accounts services could require up to 4,000 extra staff, as concerns mount providers will not be able to meet the escalating costs of the new pension system.

Fears providers will be reluctant to get involved in personal accounts were dismissed by pensions minister Mike O'Brien today, despite confirming the Government will not provide any start-up funding.

Personal accounts and SIPPs will dominate the pensions market, says John Moret, director of sales and marketing at Suffolk Life.

Industry experts fear salary sacrifice schemes could be scrapped as ministers try to bolster national insurance revenue, reports IFAonline's sister title Professional Pensions .

A former director of Natwest and executive director of Gartmore will head up the independent team charged with rolling out personal accounts.

Another White Paper, another Government response. Forgive me for feeling blasé, but pension consultations have become ten-a-penny.

There's been a lot of discussion about personal accounts in the last few weeks. In mid-June the DWP issued its statement on the responses it received to the White Paper consultation earlier this year, and took the opportunity of making some decisions...

New work and pensions secretary Peter Hain faces a number of challenges as he steps into John Hutton's shoes following Gordon Brown's cabinet reshuffle.

Fidelity International is warning people who plan to wait for the introduction of personal accounts in 2012 could miss out on a significant amount of retirement savings.

The Association of IFAs says the Government must consider the need for advice on personal accounts before the scheme can be fully embraced.