Mr. Billy Hannigan:

I will make a general observation about the original Government proposals which were published but not proceeded with. In referencing them I believe my colleague was simply saying there appears to be a degree of consensus that something needs to be done and that employers must have some obligations not to simply shut down schemes. There might be some divergence between the current Bill and the intentions behind the original Government proposals.

The Roadmap for Pensions Reform is a clear statement by Government that something needs to be done. That was the reference Dr. Bambrick made in her contribution. Whether it is done through this Bill, an amendment of this Bill or a combination of the two efforts, something needs to be done.