Centre for Policy on Ageing
 

 

Age Concern's response to the Work and Pensions Committee on personal accounts
 — summary
Corporate AuthorAge Concern England - ACE
PublisherAge Concern England - ACE, London, October 2007
Pages3 pp (Policy response - ref: 3507(S))
SourceAge Concern England, Astral House, 1268 London Road, London SW16 4ER. Download document at http://www.ageconcern.org.uk
KeywordsPensions ; Supplementary pensions ; Private pensions ; Savings ; Age Concern ; Comments or Evidence submitted.
AnnotationAge Concern England (ACE) highlights issues that it sees key to personal accounts being introduced successfully, that it would want the Work and Pensions Committee to consider. ACE particularly believes that the needs of members must be central to the scheme's development, and which takes into account the needs of those with low and interrupted earnings, for example by allowing modest lump sums to be added. Other concerns covered are: appropriateness of information and advice; annuities; ensuring that saving pays; and monitoring and reviewing pension reform. Some clarity is also sought regarding how the Personal Accounts Delivery Authority (PADA) will operate. (RH).
Accession NumberCPA-071120005 P
ClassmarkJJ: JJH: JK: JDD: PT: 6PM *

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