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Age Concern's response to the Work and Pensions Committee on personal accounts — summary |
Corporate Author | Age Concern England - ACE |
Publisher | Age Concern England - ACE, London, October 2007 |
Pages | 3 pp (Policy response - ref: 3507(S)) |
Source | Age Concern England, Astral House, 1268 London Road, London SW16 4ER. Download document at http://www.ageconcern.org.uk |
Keywords | Pensions ; Supplementary pensions ; Private pensions ; Savings ; Age Concern ; Comments or Evidence submitted. |
Annotation | Age 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 Number | CPA-071120005 P |
Classmark | JJ: JJH: JK: JDD: PT: 6PM * |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |