Npss suitability issue causes problems for generic advice

In its latest research: “Are personal accounts suitable for all?”, the PPI considers the potential interaction between the proposed system of personal accounts with the state pensions, the tax system and means-tested benefits, to come up with the suitability risk for different groups of people. But it says while the report identifies which groups are likely to be better off saving in the new system, it says the findings also has important implications for the kind of information needed to help people decide whether to opt in or out. In its research the PPI states personal accounts are s...