JLT Begins Auto Enrollment For Group Personal Accounts

JLT Benefit Solutions Ltd begins the auto enrollment of Group Personal Pensions and sees this as an important step in planning for Personal Accounts in 2012. "This is a really positive piece of news for the industry as a whole

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JLT Benefit Solutions Ltd begins the auto enrollment of Group Personal Pensions and sees this as an important step in planning for Personal Accounts in 2012.

“This is a really positive piece of news for the industry as a whole and will be a great help with the planning for personal Accounts,” says Duncan Howorth, managing director, JLT.

“This news helps to make Personal Accounts part of the pensions landscape rather than a competitor of existing arrangements and products. Companies and providers need to embrace Personal Accounts, helping to make it a success for our Industry as whole,” added Richard Roper, head of sales, JLT.

“Companies now have some clarity early on in planning for Personal Accounts and can see how they can operate their own arrangements ‘on level playing field’. 2012 is not that far off and we are working with our clients now to make sure that Personal Accounts will work with their current benefit provision and employee needs,” concludes Howorth.

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