My Lords, I share the view that it is very inappropriate for company directors to be making large pension provisions for themselves at a time when they are closing down pension schemes for their employees. With the regulations in place, we are ensuring that there is greater transparency in directors' remuneration. On the other hand, we have taken action to protect members of company schemes. That is also appropriate action. It is not easy to link the two together by any simple formula, but company chairmen should be very careful about giving themselves extra pension provision in circumstances where they are closing down or greatly reducing the contribution for their employees.