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Personal Accounts look to be in safe hands at the PADA

The meeting of the All Party Parliamentary Group on Insurance & Financial Services earlier this week with Tim Jones and his colleagues from the Personal Accounts Delivery Authority was quietly reassuring.
Mr Jones's commonsense and practical approach to the huge challenge he faces in getting the whole Personal Accounts regime up and running in a pretty tight timescale certainly impressed those MPs and Peers who have a clear understanding of the issues and were involved in shaping the legislation that created Personal Accounts. He also showed a skilfull, light touch in dealing with the more politically charged contributions, mainly from those who lament the passing of the era of generous final salary pension schemes.
A more detailed summary of the proceedings has been prepared by the group's technical consultants Price WaterhouseCoopers.
APPG - note of meeting _PADA_ 201009.pdf
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