Pensions Bill

That makes the position worse rather than better. I was hoping that the noble Lord was going to say that he would incorporate the public sector in the general Independent Pensions Commission—that seems the logical thing to do—and to have the public sector and private sector viewed together. I cannot see any reason why we should leave the private sector out of such an examination, rather as the noble Baroness, Lady Turner, said. Although I do not agree, and actually profoundly disagree, with almost everything else she said—she will not be surprised by that—I cannot see any point in having one commission looking at the public sector when we should be looking at the whole range of pensions. Goodness knows, there is enough in that area to be done. Regrettably, although I agree with much of what the noble Lord, Lord Oakeshott, said, and with even more of what the noble Lord, Lord Turner, said,I could not possibly support this rather narrow proposal to have a commission looking just at the public sector.