Pensions Bill

I do not have those figures to hand, but will certainly provide them to my noble friend. I was about to say that many caveats surround the figures that I have outlined, as she recognised. We should be cautious about calling such costs ““modest””, quite apart from the principles that would be involved in going down the path that we have suggested. For reasons of cost and practicality, on reflection, my noble friend would recognise that the precise drafting of her amendment does not achieve what she seeks. I encourage her to withdraw it.