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Personal accounts: another industry failure
The big overhaul of the pensions system should mean that me, and thousands of others like me, will not be sat on a chair wearing layers of clothing because we can’t afford to put the heating on.
The image isn’t exactly appealing and is, I suppose, a situation the government is trying to save us from, through the introduction of personal accounts.
The scheme, due to be rolled out in 2012, will see the more financially lazy and cash strapped amongst us automatically enrolled in a pension scheme forcing us to save for our golden years.
