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Equitable Life (Payments) Bill

I am grateful to the Minister for the information about National Savings & Investment being the preferred vehicle. In theory, there is a separation between policy, in terms of the scheme design, and operations, in terms of the administration but blurred edges can sometimes appear between the two. Will the independent commission hold the ring in any disputes about the mechanism, timing and administration of the scheme? Who will be the final arbiter of any disputes that arise from the process? Presumably, it will be the independent commission.