Pensions Bill

The question posed by the noble Lord is a good one. The mention of that Bill suggests that it is a useful vehicle for those remaining, to the extent that they are covered, but perhaps the Minister will agree that this means the regulations to bring this measure forward even faster can be got on to the statute book. As it is, if your Lordships agree and the Bill passes, it will still be another year before the Bill can be applied, so the noble Lord is correct in his implied conclusion.