As it happens, I met the regulator this morning and discussed this very point with the chairman and the chief executive. There is concern about the level of qualifications that it appears that some trustees are obliged to achieve. As part of the deregulatory review, I want to look at the issue. I am not sure that the statute is the problem—it is more the guidance that seems to be given. As a result of the review, I hope that we will be able to make it much clearer that the level of competence required of trustees consists of a reasonable knowledge, plus common sense, and that we will not deter large numbers of people from becoming trustees at a time when we need them. The hon. Gentleman's point is well made.