---

Pensions Bill

My Lords, I thank the Minister for that response. I should have given him notice that I intended to ask him about competition law. However, I await his written response on that point. Even if the noble Lord, Lord Oakeshott, does not understand the nature of the concerns about whether a lever should ever be given up unless there are adequate alternative levers available, I hope that the Minister does. That is the burden of my proposition. I look forward to seeing what the Minister has to say. I hope that his response will arrive in time for me to consider the position I shall adopt at Third Reading. I beg leave to withdraw the amendment. Amendment, by leave, withdrawn.