Pensions Bill

My Lords, indeed that is not what we are saying. We have recognised that as an issue; we have recognised that work needs to be done to understand the scale of the issue and provide an effective solution to it. One question that I posed to officials when we were discussing the matter was: do we need another Pensions Bill to provide a solution? The answer was: almost certainly not. Finance Bills would be the mechanism to do that, and, as my noble friend knows, they come along quite frequently.