Pensions Bill

I asked the Minister to comment on the ABI’s estimate that 90 per cent of pension savings would be swept into personal accounts at a cap level of £5,000. I know that he is saying that analysis is being carried out and that something will be announced. However, this point has been in the public arena for more than four months, which is why I asked for the Minister’s comment. I would have hoped that his officials had an answer to that, at least.