Pensions Reform

I agree with the hon. Gentleman on that latter point, and we will have to look very carefully at this issue as we introduce the reforms. When he has a chance to look at the White Paper—I realise that copies have only just been placed in the Vote Office—he will see that we want to continue to talk to people about these matters in more detail, given that we now have a longer time in front of us to prepare the legislation. Indeed, I suspect that the proposal will come before the House later than the second Session. If the hon. Gentleman is willing to work with us on this issue, I would welcome that. The question of leaflets will have to be considered in greater detail over the next few years, but my current thinking is that such a responsibility will rest with the national pension savings scheme, which will oversee such arrangements. But it is obviously very important, in the light of everything that has happened recently, that we learn the lessons of the last few years and do not repeat the mistakes.