Thank you, Mr Bone. The shadow Minister has raised an interesting point. It is right that people have choice and that we do not have a regime that punishes them for making certain choices, but equally we want a pension market in which people can choose the best quality schemes that provide the best quality return. The issue is how we end up with informed customers and scheme members at that early point, and how we make sure that people understand that this sort of scheme is not a simple one. It is not like a defined-benefits scheme, in which people have a chance of understanding what the final benefit might be. Even in a defined-contribution scheme people effectively get what they pay in and pray that it works at the end. This scheme has a completely different set of risks.