R
RoisinC
Guest
The PRSA initiative is not working but the tone of the Pension Board's quarterly update seems at odds with the facts that;
90% of Designated schemes are shells (no members)
Of the 45,000 policies since the initaive started, less than half are to employees (so the rest are just substitutes for Personal Pensions)
Sales to employees in Q4 2004 are 50% of the prior year
A long way off 70% coverage - let's face up to that now!
90% of Designated schemes are shells (no members)
Of the 45,000 policies since the initaive started, less than half are to employees (so the rest are just substitutes for Personal Pensions)
Sales to employees in Q4 2004 are 50% of the prior year
A long way off 70% coverage - let's face up to that now!