Pension Schemes Bill [HL]

My Lords, I thank all those who have taken part in this short debate. While I do not entirely agree with the Minister on everything he said, I do agree that a strong recovery plan is the most critical element of making sure that deficits are dealt with. I part company with him on the idea that taking excessive dividends out does not impact on the ability of companies to strengthen the deficit repair plans. However, I thank him for the confirmation that he has given, which I asked for in my earlier speech. On that basis, I am content to beg leave to withdraw Amendment 50 and not to move Amendment 51.