Pensions Bill

We intend to tell people in a reasonable time when it will happen. We have made a commitment to make an announcement early in the next Parliament. There is a commitment to lay an order before 1 April 2011. As I made clear, our objective is to do it by 2012, subject to affordability and the fiscal position. There is bound to be a need for a degree of flexibility. Notwithstanding that, a clear commitment that it will happen by the end of the next Parliament at the latest is enshrined in legislation. It seems to me that that is very clear and binds the Government within fairly tight parameters.