Those macro-economic benefits are of course important, but my Bill is designed, first and foremost, to help the poorest members of our work force, who will, for example, be able to choose to save more of their own earnings to counter the Looming Pensions Crisis that so many of my constituents are having to struggle with, or to keep more of their wages so that they can start to pay off personal debts.

Those macro-economic benefits are of course important, but my Bill is designed, first and foremost, to help the poorest members of our work force, who will, for example, be able to choose to save more of their own earnings to counter the Looming Pensions Crisis that so many of my constituents are having to struggle with, or to keep more of their wages so that they can start to pay off personal debts: unsecured debt has spiralled to a terrifying average of £7,650 per household.

We remain optimistic, despite some unhelpful noises off, that a lasting consensus can be forged, and that on the back of it, a lasting solution to the Looming Pensions Crisis can be built.

I am also surprised that there is nothing in the Queen's Speech about the Looming Pensions Crisis, which is of grave concern to many of my constituents.

Secondly, we know that, in getting more people into work and dealing with the Looming Pensions Crisis, an active labour market policy makes a big difference.

Pension fund investment strategies are a very real issue for any Government who are serious about tackling the Looming Pensions Crisis, which we all acknowledge.