I beg to move amendment No. 121, in clause 6, page 4, line 15, after ‘qualifying’ insert ‘scheme which is a’.

The effect of the amendment would be to ensure that where a personal pension scheme is concerned under the provisions it must meet the definition of a qualifying scheme. With regard to how it would operate, clause 6 effectively extends the benefits of workplace pension savings for job holders on a voluntary opt-in basis. Job holders who opt in under the provision will be enrolled in an automatic enrolment scheme.

Subsection (6) enables the Government to regulate to allow an employer to use a qualifying personal pension scheme in place of an automatic enrolment scheme. That might benefit some employees. Indeed, a number of employees prefer a personal pension scheme for their own reasons. Providing that they are going into a pension scheme, I am content that they go into a personal pension scheme of their choice.

The amendment corrects the drafting for the provision that aligns with clause 3(5) and clause 5(5), which provide for the same in respect of automatic enrolment and automatic re-enrolment. That ensures that where a personal pension scheme is concerned under the provision, it must meet the definition of a qualifying scheme. I hope that hon. Members will be able to accept the amendment.