Do we yet know the criteria that existing GPP's etc., will have to fulfill in order to be exempt from having to offer Personal Accounts?

Edmund Downes, Norwich Union: No, we don't have the full level of detail yet. To be an auto-enrolment scheme, the scheme must be Qualifying (i.e. have the correct level of contributions being made) and be able to follow the auto-enrolment process. This realistically means that it should probably have electronic joining or a very slick alternative, unless the employer is willing to pay more so that the total contribution is at least 11% of banded earnings. Auto-enrolment schemes must also have a default investment choice, so the employee doesn't have to choose one. They might also have oth...