To ask the Secretary of State for Work and Pensions
(1) what research her Department has (a) commissioned and (b) undertaken on the economies of scale which will be generated by funds under management in personal accounts;
(2) what estimate she has made of the monetary value of the funds likely to be managed through the proposed personal accounts scheme.
The Department has not commissioned or undertaken such research.
However, the Personal Accounts Delivery Authority's engagement with stakeholders during their consultation ('Building Personal Accounts: Designing an Investment Approach', published on
The 'Impact Assessment for the Pensions Bill' (2007), published on the