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Occupational Pensions

Volume 201: debated on Monday 13 January 1992

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To ask the Secretary of State for Social Security (1) what proposals he has to improve protection for occupational pensioners against improper use of the assets of the pension funds of which they are beneficiaries;(2) what proposals he has to improve protection for occupational pensioners against improper use by companies and their directors of the assets of pension funds.

I refer my hon. Friend to my reply to the hon. Member for Leyton (Mr. Cohen) on 20 December 1991 at columns 374–75.

To ask the Secretary of State for Social Security what proposals he has to bring forward legislation to prevent the misuse of occupational pension funds; and if he will make a statement.

[holding answer 9 December 1991]: I refer the hon. Member to my reply to the hon. Member for Leyton (Mr. Cohen) on 20 December 1991 at columns 374–75.