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 Tony Newton Mr Tony Newton , Braintree 12:00, 2 Mawrth 1992

We did not. We made it clear that we would give further consideration to it once the Barber judgment was clear, and that is precisely what we are beginning to do.

On the hon. Gentleman's first question, he will understand that I have no power to order banks to take particular actions. However, he will have noted what some banks have said in recent days about their attitude to this matter.