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Pensions Bill

It is a question of judgment whether the matter is for the Secretary of State or for the trustee corporation, which we hope will be a free-standing organisation of some stature and substance in the pensions community. This is another area where the question is whether the Secretary of State’s role is correct or too intrusive. For every involvement of the Secretary of State, somewhere in the Department for Work and Pensions there will be one or more job descriptions which include that aspect of involvement. One of the things we are concerned about is that we not only create a bureaucracy in the new trustee corporation but leave lots of pegs under which bureaucracy can thrive in Whitehall, which would not be the right outcome. I will consider that in the overall context. I beg leave to withdraw the amendment. Amendment, by leave, withdrawn. [Amendment No. 110F had been withdrawn from the Marshalled List.]