personal accounts

Employers seeking to avoid paying money into employees' pensions can use occupational schemes to side step their obligations under personal accounts, warns Standard Life.

A contribution charge would provide "the only fair and practical solution" to funding personal accounts, says the ABI.

Setting up personal accounts has already cost the taxpayer more than £6m, says Pensions Minister Mike O'Brien.

The Pensions Bill's failure to safeguard existing good pension schemes represents a distraction from personal accounts' core function and target market, says the Association of British Insurers (ABI).

The Government will meet the 2012 pension reforms deadline, says Pensions Minister Mike O'Brien.

The Pensions Bill could harm existing pension provision if passed without amendment, says Standard Life.

The Government may not meet its April 2012 deadline for personal accounts, says CEO of the Personal Accounts Delivery Authority (PADA) Tim Jones.

The Government should allow employers to offer conditionally indexed pension schemes, says the Association of Consulting Actuaries (ACA).

Pension campaigners had reason to celebrate at the end of this year as the Government gave a £12.5bn pledge to 140,000 people who lost their savings in occupational pension schemes.

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.