I am sorry to stop the hon. Gentleman in the middle of his interesting contribution. Listening to him talk about the challenge of communicating with savers, it strikes me—it is probably clear to all of us—that this approach to pensions could well have significant advantages in terms of actual retirement income, but it is clearly a form of building up such income that depends on a lot of expertise. Individuals will have to accept that a lot of complicated decisions about smoothing, targets and management of assets will have to be placed in the hands of actuaries, investment experts, and either trustees or managers, as the Bill describes them.
It also struck me, listening to the hon. Gentleman’s contribution and our debate so far today, that that is somewhat in tension with the approach the pensions tax Bill—and this Bill, to some extent—brings in, in which the idea is that individuals themselves will take control of their retirement income. Does he think that that is a potential issue, as pension flexibilities come into play that encourage an approach and a cultural change that focuses on—