Pensions Bill

I was seeking to make the point, perhaps not effectively enough, that at this stage the policy formation is still with the DWP. Clearly, advice will be coming forward from the delivery authority. I cannot conceive that the matter would go forward without consumer interests being taken fully into account. I suppose that the particular assurance that noble Lords will have is that we have a second Bill that will follow this one in which much of the detail of personal accounts will be presented. That is another protection. I would hang on to the point that this policy development, and how it will affect consumers and prospective members, still sits with the DWP. That is where the engagement at this stage is best focused.