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Pensions Bill

As my hon. Friend knows, I served on the Public Bill Committee, and I have also been present today, and I have not previously heard the figures he has just announced. I find them shocking and alarming. Given his knowledge of what has been going on, will he speculate on why the original costs envisaged have risen to such enormous sums? Is that just to do with management consultancy fees, or is something much more complicated leaving us in this position, which could undermine the whole purpose of the Bill?