Member

What I am saying is that these proposals are in line with the move to try to make pensions, and the funding of pensions, more rewarding, and then there are consequences for how the PPF may need to react. This is introducing an idea, and obviously we can go further into it on Report. It may need some tweaking, but I certainly see a case to allow a lot more flexibility, even if we may put ranges on it, for example. There is no indication in what I am saying about how it should be constructed, but I think that, with the maturity that the PPF now has, it is the right time to discuss and to enable provisions for change to be made. I beg to move.