The hon. Gentleman is entirely right. It will depend on the scheme, so the terms of those will be relevant, but the cost will not necessarily always fall on the employer. The issues are complex—sadly, lurid headlines do not help public understanding—and they need to be explained seriously and in a way that recognises the long-term nature of some of the problems that we need to address. The clause will enable the regulator and everyone else to know that it has the powers—we always assumed that it had such powers—to say that trustees and employers cannot continue to underfund schemes, and to intervene and say that employers must have an appropriate actuarial longevity assumption in their pension scheme and ensure that it is properly funded.