Pensions Bill

We on these Benches are sympathetic to noble Baroness’s intention that there should be regular reports and, in particular, given the long and dishonourable history of failures of government or public sector IT contracts, an eye should be kept on how that is progressing. I am not sure I look forward to hearing from the Minister whether every six months is goinga bit over the top—slightly too much pulling upthe plant to see how it is growing. In general, on this amendment and a number of others about the operation of the personal accounts scheme, we should always bear in mind that the Association of British Insurers is not totally independent. Of course, it is a competitor to some extent of the Personal Accounts Delivery Authority. While that does not mean that its points are not valid, we should just bear that in mind. So I am sympathetic on the principle, but I wonder whether the proposed reporting is slightly too frequent.