The Pensions Policy Institute (PPI) welcomes the personal accounts delivery authority’s consultation on the appropriate charging structure for personal accounts

Please click here to download the press release.

The PPI analysed in research published last year how five alternative charging structures for personal accounts measure up against the Government’s five original criteria: fairness, reducing financing costs, simplicity, incentivising members to keep costs down and incentivising providers to maximise fund value. These criteria are similar to those proposed today by the personal accounts delivery authority. The PPI’s research was co-sponsored by the Department for Work and Pensions, AEGON and Standard Life. Click here for the full report.