personal accounts

The proposals put forward in the Pensions Bill may alleviate some problems with the current State pension system, but it won't solve them, claims the Pensions Policy Institute.

Plans to provide national generic advice to boost financial capability will need to be supported by more than the £50m announced earlier this week, suggests Standard Life.

James Purnell, Minister for Pensions Reform, has revealed the government is willing to consider representations for a contribution limit for personal accounts lower than £5,000.

Schemes which earn a proposed pension quality mark could benefit from longer waiting times for new joiners once auto-enrolment comes into effect, says James Purnell.

James Purnell, Minister for Pensions Reform, has warned the industry against trying to legislate parts of personal accounts before the white paper consultation has even closed.

James Purnell, Minister for Pensions Reform, has denied personal accounts will be operated on an uneven playing field, despite admitting the cost of preparing personal accounts will be borne by the taxpayer.

It is likely that the 2012 London Olympics will be heavily subsidised with taxpayers' money. I don't have any complaints with that. After all, this is a once in a generation opportunity for the UK to host what is probably the greatest show on earth.

The Work and Pensions Select Committee has announced the launch of an inquiry into the proposals for a new system of personal accounts.

More than 50% of small to medium employers are unaware of the proposals for personal accounts and what it will mean for them, claims new research from Barclays Wealth.

The White Paper on personal accounts may be stoking up problems actually delivering sufficient supply of SEE funds at a price in line with government policy commitments to capping costs.