Baroness Bowles of Berkhamsted (LD)

My Lords, it falls to me to do the summation as a stand-in. I thank the Minister for her comprehensive reply. I wish I could speak that fast. It answered quite a lot of the points that I raised. It is obviously quite irritating for us when we commence a Bill and then consultations that provide a lot of the key points and information trail behind the Bill. We spend some time thinking about it and then discover we have to do a consultation response. I do not know how the timings for these things would fit together. Nevertheless, it would be quite nice for some of those key points that are being consulted on to perhaps find their way into the Bill somehow. I just point that out. What is an Act of Parliament supposed to do? It is supposed to give you the front-end lead-in to what people’s expectations are. They cannot easily be expected to go wandering around on regulator websites and rulebooks, because, my goodness, I find those difficult. Talking about finding things difficult, when I retired from being a Member of the European Parliament, I got a booklet sent through because, for some of my time there, I was in the UK pension fund that applies to MPs and MEPs. This was just after I had finished negotiating all the post-financial crisis financial services legislation. I looked at the scheme rules and I gave up. I lost the will to live and thought, “Well, I’ll just take what comes, thank you very much”. If it is going to do that to me, what is it going to do to the ordinary person? We have to take a lot more care about more gentle lead-ins and simple ways of explaining things. Of course, that was some time ago. I think we have had quite a good trot around the factors. I would still like to see something distilled from the work that has gone on which is accessible and where people might look for things if they are curious—they might be people representing people—and not have to resort to complicated scheme books and complicated regulator rules. Maybe we will have an update by the time we get to Report on the timings and dates and what has come out of these consultations. I suppose it will be a bit early for that. For now, I beg leave to withdraw the amendment.