Concerns expressed over Personal Account pension plans

In its response to the Government’s White Paper ‘Personal Accounts: a new way to save’ the Association of British Insurers (ABI) has expressed concern over the Government’s plans.

The Government published its White Paper, which sets out how the new system of ‘personal accounts’ will work, in December last year.

Under the Personal Accounts plan employees 22 years and over will either be automatically enrolled into the scheme or into their company's exi... (589 more words)

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