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Occupational Pension Schemes (Levy Ceiling) Order 2009

Perhaps I may raise one other point that I forgot to cover in my opening remarks. On one high-profile pension, does the Minister share my regret, for this purpose anyway, that the Royal Bank of Scotland did not go bust, unlike so many of its customers, so that Sir Fred Goodwin's pension could be limited to £27,700 a year, as it would have been if he had been in the PPF? Although I do not necessarily expect the Minister to comment on that, does he accept that I believe that there is ample evidence to stop Sir Fred Goodwin's pension now, not least the shocking revelations in the Sunday Times and the Observer at the weekend about misuse of shareholders’ and savers’ funds by Sir Fred and bullying of non-executive directors? That pension should be challenged in the courts and stopped on the grounds of improper authorisation, negligence and, very probably, fraud.