I thank all noble Lords who have taken part in this excellent debate and the Minister for agreeing to meet with us—given the number of us wanting to attend that meeting, I slightly wonder whether we should not adjourn and have it now.
This debate has demonstrated a very clear feeling that there is a potential problem here and, as I said in introducing the debate, I have quite a lot of sympathy with the idea that getting too heavy-handed could damage the companies and notifying everything could clog up the Pensions Regulator. I do not disagree with any of that.
The noble Baroness mentioned that this risk is the exception; we are talking about the exception here and trying to make sure that it does not happen. There is a balance to be found. My amendment may well not be
the right balance, but it was an attempt to find some sort of balance or at least to work our way towards one. There is also a danger of overcomplicating.
When we meet, we need to sit down and work out where that balance lies, and this issue needs to be dealt with in the legislation. It is too important. We cannot afford another BHS or Carillion situation. However, on that basis and looking forward to the meeting, I beg leave to withdraw the amendment.