Hutton asks for industry help on Npss generic advice

Speaking at the Association of British Insurers’ “Saver Summit”, the Secretary of State for Work and Pensions, says personal accounts and auto-enrolment - which he describes as a “quintessential New Labour policy” - are designed to help facilitate personal responsibility. But he warns: “Whether they save will remain the individual’s decision. And it will be crucial that we have clear, generic information to enable people to judge whether or not it will be in their interests to remain in personal accounts.” During his presentation, Hutton also confirmed a “major publicity campaign” would h...