Schedule 1

Part of Pensions Bill – in a Public Bill Committee at 11:30 am on 5th February 2008.

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Photo of James Plaskitt James Plaskitt Parliamentary Under-Secretary, Department for Work and Pensions 11:30 am, 5th February 2008

That is not exactly the same as the transparency point. On the issuing of annual reports, any funding source that has come into the authority will be reported. In that sense, it is transparent, as are the terms on which that funding is provided. It is not for me to anticipate what kind of deal might be offered. As regards public confidence, it is important that there is transparent reporting. With those reassurances, I hope that the hon. Gentleman will agree to withdraw his amendment.