UK - Personal accounts will definitely see its name changed before its introduction in 2012, Helen Dean said.
Personal Accounts Delivery Authority policy and product development director Dean told delegates at the Professional Pensions Show the scheme "won't be called personal accounts" and denied there had been delays to its implementation.
She said: "We are on track to launch the scheme early in 2011 [for certain employers on a voluntary basis]. We are not late, we are not delayed, we are not procrastinating."
Dean made it clear that the minimum levels of saving under the auto-enrolment regulations should be a jumping off point for retirement saving.
She said: "The Pension Commission was always very clear in stating the minimum level of saving was just that, a minimum.
" We are raising that level from zero to something that is still quite low but it is a start. The onus is on the government to think about how that can be brought up. It must harness inertia."
The session on the progress of auto-enrolment also featured presentations from The Pensions Regulator employer compliance regime programme manager Charles Counsell and Department for Work and Pensions head of workplace pensions reform David Haigh.
Hewitt Associates principal Tony Baily asked the panel: "Where does coercion stop and flexible benefits start?"
Haigh said: "We have not yet done a good enough job on saying ‘this is where we draw the line'. We have not got all the details worked out in our own minds.
"We will put out clear guidance but we have not managed to do that yet. It will come through loud and clear in the consultation - we have to get that right."
Haigh also admitted the issue of pension saving interaction with means-tested benefits had not yet been solved.
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