The Olympics and personal accounts

  • Story by: Stefanie Ives
  • Magazine: FinancialAdviser
  • Published Thursday , June 05, 2008

The year 2012 will be significant for this country in more ways than one. Not only will Britain be hosting the Olympics, it will also be the year when personal accounts are pencilled in to be introduced.

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It is, therefore, somewhat ironic the two events seem to be causing so much debate over cost and implementation.

However while the wranglings over the Olympics seem to merely exasperate, those now taking place over personal accounts appear to be threatening its future. And there are two words which sum up why. Means testing.

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