Member

I recognise the work that has gone into these clauses, including the work done by my friend the Minister, but I urge the Government to reflect carefully. These provisions apply to a single named employer and to a closed and identified group of scheme members, for whom a bespoke statutory framework is being created. The Bill now singles out one employer and one group of individuals for treatment that does not apply more broadly. That specificity is the relevant consideration for hybridity. I inform noble Lords that we have expressed concern about this issue with clerks and will continue dialogue on this important issue.