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Pensions Bill [HL]

I thank the noble Baroness for giving way and for giving me the opportunity to clarify matters. This is simply about administration, simplicity and cost. As you start to introduce these kinds of rules going backwards and forwards on what people can contribute, it gets very complicated and you start to build in the kind of complexity that we are all complaining about. Stranded pots are just one area generated by the complexity in the system. Therefore, the rationale here is: keep it simple.