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Personal Accounts Delivery Authority: Finance

Volume 476: debated on Thursday 22 May 2008

To ask the Secretary of State for Work and Pensions (1) what the (a) budgeted and (b) current projected (i) running and (ii) set up costs of the Personal Accounts Delivery Authority are in its first year of operation; (205492)

(2) how much has been spent on establishing and running the Personal Accounts Delivery Authority;

(3) whether he expects the Personal Accounts Delivery Authority to meet its objectives without exceeding its budget;

(4) what the (a) original budget, (b) current projected cost and (c) cost to date of setting up personal accounts is.

I refer the hon. Member to the report from the Personal Accounts Delivery Authority, a report on the Personal Accounts delivery authority’s plan for delivery . I am placing a copy of the report in the House Library