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JRA chief predicts the death of personal pensions

The head of J Rothschild Assurance has stakeholder will spell the death knell for the personal pension market according to a report in today&#39s Times.


According to the Times JRA chief executive Mike Wilson says stakeholder pensions would cut margins in the industry so much that personal pensions would become unsaleable.


Wilson also claims that companies relying on IFAs for distribution of their products would suffer the most from the proposals.

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