Bee predicts brighter future for stakeholder

Auto-enrolment from 2012 could resurrect many dormant stakeholder schemes, according to head of pens...

Auto-enrolment from 2012 could resurrect many dormant stakeholder schemes, according to head of pension strategy at Scottish Life Steve Bee. He said that while all the talk has been about auto-enrolment into personal accounts, if people’s employers have good schemes available, they will be enrolled into those instead. Bee added that existing GPPs should see a dramatic increase in membership in 2012 if they meet the criteria that will be set for good schemes. “The same will happen with money-purchase occupational schemes and those still running in 2012 will also see a dramatic increase...