Personal accounts scheme cost £31m in first year

The delivery authority's first annual report revealed £13.1m went on staff costs and £17.7m was spent on setting up the personal accounts scheme, which will come into effect from 2012. PADA said it had a total of 163 people working across three sites in London, Leeds and Newcastle as at 31 March this year. It said it currently employed specialists with expertise in delivering large scale financial systems as well as people to support its interaction with stakeholders, suppliers and government. This is in addition to those involved in areas such as policy, legislation, strategy, pla...