Pension Funds

Part of Oral Answers to Questions — Social Security – in the House of Commons am 12:00 am ar 2 Mawrth 1992.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Geoffrey Dickens Mr Geoffrey Dickens , Littleborough and Saddleworth 12:00, 2 Mawrth 1992

Does my right hon. Friend agree that the Robert Maxwell episode has vividly illustrated to the nation the fact that an unscrupulous director can put his hand in the till and get hold of pension fund money? That being so, many people throughout the nation who are in pension schemes are frightened. Will my right hon. Friend go as far as to say that we definitely intend in the fulness of time to bring in legislation and, I hope, include in the legislation the provision that there should be at least one employee representative among pension fund trustees?