The personal accounts scheme will deliver low charges for members and fulfil the Government's intention that the scheme should be self-financing over the long-term. My Department is working closely with the Personal Accounts Delivery Authority to develop a funding strategy for the personal accounts scheme, including the level and structure of charges that will be levied on members. A final charge level will only be known once the funding strategy is finalised and the Delivery Authority has undertaken the commercial procurement process, which will establish the detailed costs of delivering the scheme. They can only do this once the Authority's powers have been extended through the current Pensions Bill.