Legal & General is warning that Norwich Union’s NPSS alternative could expose consumers to financial risk.At a summit in London last week launching the Government consultation into the Pensions White Paper’s proposals, L&G pensions strategy director Adrian Boulding said NU provided little clarity on how it would ensure that contributing to a pension was in a consumer’s best interests. Boulding said: “How does NU hope to help consumers make the decision whether to join or not or whether it would be best to consolidate debts, put money towards life insurance or income protection for the family?” NU head of pensions strategy Graham Vidler said concerns regarding commun-ication with consumers would be addressed in the second phase of the firm’s work. He said: “This would be phase two work for us at the moment. What I would say is that it should not be about saving for pensions or this of that. It should be about saving for a pension and something else.” Minister for pensions reform James Purnell said there were many unanswered ques- tions regarding personal accounts. The Government hopes to reach the next phase of the consultation by the autumn.