Pensions Bill

I thank the Minister for her reply, although, I must say, it did not address the points that I made. She gave me a lesson in why we need declarations of interest. I never challenged that. That was not my point. I was merely saying that, if there were declarations of interest that related to the chairman and the non-executive directors, the Secretary of State should be informed. The noble Baroness said that she imagined that they would be recorded and dealt with appropriately. My goodness me. If I was going to be satisfied, I should have expected a more definitive statement from the Minister about how she expects the procedures to operate in practice. I come back to the main point behind my lead amendment. Under Amendment No. 89, I was talking about whether someone had a conflict of interest, which, in paragraph 6, means a financial or other interest likely to be prejudicial to the discharge of his functions. I was trying to make the point that the individual does not have an interest in the business of a spouse. He has an interest only in the relationship and, as it is only the business that can give rise to a conflict of interest, I was trying to suggest that the drafting does not meet what the Government are trying to do. I should emphasise that the amendments were entirely intended to be helpful to the Government. I have not heard anything today that shows that the Government have understood what I was trying to do. I do not know whether the Minister can add to that or whether we should just leave this for another day