Personal Accounts Delivery Authority

As target date funds emerge as the likely choice for NEST's deafult fund, Sebastian Cheek looks at what the industry must do to prepare and considers what lessons can be learnt from the US DC market

The "administrative nightmare" of auto-enrolment into National Employment Savings Trust will divert necessary attention from the scheme's investment strategy, the Pensions Institute warns.

UK - The "administrative nightmare" of auto-enrolment into National Employment Savings Trust will divert necessary attention from the scheme's investment strategy, the Pensions Institute warned.

Great-West Retirement Services (Europe) has withdrawn from the competitive dialogue process for personal account scheme administration services.

The government and pensions minister Angela Eagle are adamant personal accounts will go ahead in their current form.

Personal accounts will definitely see its name changed before its introduction in 2012, Helen Dean says.

Move to protect pensions of high earners blocked; Two drop bids to run pension plan

Minor amendments to personal accounts scheme order and rules will be made as a result an industry consultation but no major changes will take place, PADA says.

DENMARK/UK - Danish pension fund and administration provider ATP has pulled out of the running for the personal accounts administration contract in the UK, PADA has confirmed.

Danish pension fund and administration provider ATP has pulled out of the running for the personal accounts administration contract, PADA has confirmed.